Dollar Holds Gains as Risk Appetite Recovery Arrests Yield Decline
Wednesday, 27 March 2019 07:59 WIB | CURRENCIES |DOLLAR Indeks DolarDolar AS

The dollar held modest gains on Wednesday as a recovery in investor risk appetite arrested a decline in benchmark U.S. Treasury yields, which fell to 15-month lows this week.

The dollar index versus a basket of six major currencies was steady at 96.765 after edging up nearly 0.2 percent overnight.

The greenback advanced on Tuesday after 10-year Treasury debt yields rebounded due to stock gains on Wall Street.

An inversion of the U.S. yield curve, which has preceded every U.S. recession over the past 50 years, chilled risk sentiment and triggered a sharp stock selloff last week.

Source : Reuters

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