Frank Kaberna

As 10YR Treasury yields soar to new heights, the forex market braces for potential shifts. With speculation of rate cuts and a non-zero chance of sustained interest rates in 2024, traders closely watch Powell's next moves.

March's Nonfarm Payrolls surge past expectations, propelling US Treasury yields near year-to-date highs. With interest rate cuts less likely, the US dollar strengthened against major currencies.

March showcases a booming US job market and soaring Treasury yields, yet gold prices continue to climb above $2,300. As the USD strengthens against major currencies, traditional correlations appear to break down.

As 10YR Treasury yields soar to new heights, the forex market braces for potential shifts. With speculation of rate cuts and a non-zero chance of sustained interest rates in 2024, traders closely watch Powell's next moves.

March's CPI data, above expectations, triggered a swift market response—S&P 500 plummeted, while the USD soared to a 30-year high against the yen. This inflation reading also causes concern over future Fed rate cut timings.

Following an unexpected uptick in CPI, US Treasury yields soared to highs, casting doubt on anticipated Fed rate cuts. With USD/JPY reaching a 30-year high, traders are left weighing the implications for future rate adjustments.

After recent US inflation data exceeded expectations, the USD soared to a 30-year peak against the JPY, surpassing 152.00. This inflation surprise also propelled the dollar higher against EUR, GBP, and AUD.

As Middle East tensions heighten, investors gravitate towards the safety of the US dollar and gold, driving major currencies to yearly lows and gold prices to all-time highs. Discover more about this recent flight to quality.

March's stronger-than-expected Retail Sales boost the US dollar to new heights and propel Treasury yields upwards, signaling vibrant consumer spending and market optimism. Find out what this could mean for the Federal Reserve.

After Fed Chair Powell highlighted ongoing inflation concerns, the US dollar and Treasury yields surged, signaling diminished hopes for significant rate cuts in 2024. Learn more about how markets reacted.