Lates News

The U.S. dollar remains broadly strong against major currencies, with elevated U.S. Treasury yields and market expectations that the Federal Reserve will maintain a hawkish interest rate policy providing support for the dollar. Strategists at Danske Bank expect that the U.S. 10-year and 30-year Treasury yields could rise to 6% as investors demand a higher risk premium. The Relative Strength Index stands at 73.60, already in overbought territory, indicating that the dollar index's rally is relatively strong and that further upside may be limited, though no clear reversal signal has yet emerged.