Fed Rate-Hike Odds Jump to 71% as Treasury Yields Hit Highest Level Since 2007
Treasury yields jumped to their highest level since 2007 on Wednesday after strong manufacturing data and comments from Fed Governor…
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EUR/USD falls below key support as Fed hike odds jump to 72%
EUR/USD dropped below 1.1419 and 1.14072 as the dollar rallied on rising Treasury yields. A jump in US business activity…
Fed’s Barr Says Central Bank Was ‘Out of Position,’ More Rate Hikes Likely
Federal Reserve Governor Michael Barr said the Fed had fallen behind the curve going into last week's rate hike and…
Dollar rises across the board as US services PMI hits five-year high
The US dollar rose against all seven major currencies on September 23 after S&P Global's flash services PMI hit 58.7,…
French Debt Fears Drag the Euro Lower as the Dollar Hits Its Highest Level Since July
The euro is sliding as French political gridlock blocks budget-cutting measures and widens the gap between French and German bond…
