Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Dollar Ticks Higher as T-Note Yields Jump

The dollar index (DXY00) Wednesday rose by +0.23%.  Higher T-note yields Wednesday supported moderate gains in the dollar. Also, weakness in the yen is giving the dollar a boost after the yen tumbled more than -1% Wednesday on dovish comments from BOJ Deputy Governor Uchida, who said the BOJ won’t raise interest rates further when financial markets are in turmoil.  A swoon in stocks Wednesday afternoon boosted some liquidity demand for the dollar. 

US Jul consumer credit rose +$8.934 billion, weaker than expectations of +$10.000 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.