BBH: Upside Risks for US Dollar as Yields Climb
Brown Brothers Harriman analyst Elias Haddad notes the US Dollar is holding weekly gains as Treasury yields rise, warning of continued upside risks for the dollar index.
DXY
According to Elias Haddad at Brown Brothers Harriman, the US Dollar Index is maintaining most of its recent gains as US Treasury yields keep climbing. The sustained yield support underpins dollar strength.
The analyst warns that upside risks for the dollar persist as long as yields remain elevated. The commentary reinforces the correlation between higher yields and continued dollar demand.
Source: FXStreet Forex News