Dollar fights for throne, Euro wobbles while Oil rises

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The story behind the Dollar’s incredible appreciation in recent days continues to revolve around rising U.S bond yields and easing geopolitical risks.

Market expectations of higher U.S interest rates have also played a leading role in the Greenback’s resurgence, with the DXY marching to levels not seen in over three months, above 91.00. With the Dollar finding support from rate hike expectations and bullish sentiment towards the U.S economy, are the bulls back in town?

The main event risk for the currency this week will be the release of U.S GDP figures for Q1, which are expected to… Read More

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