Dollar strength accelerates as Treasury yields rise
U.S. dollar gains accelerated moderately in European midday as Treasury yields rose, traders citing support from Federal Reserve Chair Kevin Warsh’s Jackson Hole speech last Friday.
The U.S. dollar's gains accelerate moderately in European midday as Treasury yields rise, with the currency reacting positively to Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole symposium last Friday, Trade Nation's David Morrison says in a note. "Warsh left no one in any doubt t…