US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies
US DOLLAR SPIKES HIGHER AMID INTENSIFYING BOND MARKET SELLOFF, ACCELERATING VOLATILITY
- US Dollar whipsawed higher on Thursday amid elevated volatility
- Deepening bond selloff sends the 10-year Treasury yield above 1.5%
- Deteriorating stock market sentiment likely exacerbated USD demand
- Learn more about technical analysis or read up on implied volatility
The US Dollar faced heavy selling pressure early during Thursday’s session. EUR/USD price action was up about 70-pips at its intraday high, but as trading…
