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US dollar edges higher as risk sentiment sours, treasury yields rise

US dollar edges higher as risk sentiment sours, treasury yields rise
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Dollar up as risk sentiment sours, Treasury yields rise

Dollar up as risk sentiment sours, Treasury yields rise
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Powell: Strong economy may need more restraint, but bond markets help

Powell: Strong economy may need more restraint, but bond markets help
inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.

Jerome Powell: Strong economy may need more restraint, but bond markets are helping: Powell

Appearing to align himself with Fed colleagues who have recently said the bond market is now doing some of the central bank s work for it, Powell in remarks to the Economic Club of New York agreed "in principle" that the rise in yields was helping to further tighten financial conditions and "at the margin" might lessen the need for additional Fed rate increases.

USD/CAD Outlook: Dollar Edges Higher with 0 3% Weekly Loss

The USD/CAD outlook remains optimistic, with the dollar showcasing resilience on Friday despite a looming weekly loss of around 0.3%.

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