Dollar Eases as Treasury Yields and Oil Prices Fall
BankPro's Paolo Broccardo says the global bond selloff is losing momentum; lower oil prices are also weighing on the dollar.
The dollar is easing as Treasury yields decline and the global bond selloff slows, BankPro's Paolo Broccardo says in a note. Falling oil prices are also weighing on the currency, tempering the inflationary pressure that has supported expectations for Federal Reserve tightening. The dollar may stay under mild pressure until…