Dollar Forecast: Oil Supply Risks Lift DXY as Fed Holds Rates
The dollar forecast strengthened after the U.S. Dollar Index advanced on renewed concerns that Gulf oil production and supply may take longer to normalize, even if the expected U.S.-Iran peace deal holds. Stronger-than-expected U.S. economic data also supported the greenback, while the Federal Reserve’s first meeting under new Chair Kevin
Treasury Yields Rise as Oil Prices Pressure Bonds
Treasury yields climb as bond prices remain under pressure Treasury yields moved higher on Tuesday as U.S. government bonds remained under pressure from rising crude oil prices, persistent Middle East tensions and caution ahead of the Federal Reserve’s policy decision. Bond prices recovered from early lows during the session, but
Gold Futures Fall as Oil Surge Pressures Fed Outlook
Gold futures slide as inflation fears return Gold futures fell sharply on Tuesday, dropping near a four-week low as renewed Middle East tensions pushed oil prices higher and revived concerns about inflation ahead of the Federal Reserve’s policy decision. The move showed how gold can come under pressure even during geopolitical
