dollaraayega

▪️The dollar steadies near the lowest levels in three months today Thursday, after the U.S. Treasury moved to calm a wave of selling in the bond market that pushed long-term bond yields to their highest levels since 2007, which boosted risk sentiment and weakened the currency

▪️The U.S. dollar index, which measures the U.S. currency’s performance against six other currencies, reached 98.723 points, its lowest level since May 14. The euro hit its highest level since mid-May at $1.1692

▪️Investors are witnessing a sharp selloff in the global bond market this week, amid growing concerns about higher government debt and the possibility of higher oil prices due to deteriorating prospects for making progress toward ending the U.S.-Israeli war on Iran
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