The US dollar (USD) is quoting downward in the session. It is another of those uncomfortable days of ‘selling everything’ for the USA. The USD is down while the treasure bonds are selling, pushing the yields at 10 years above 4.5% in the midst of concerns about the impact of the tax draft bill (currently stagnant) on the debt and deficits of the US, Shaun Osborne, head of Strategy Strategy, Strategy Strategy.
The USD slides as the treasure bonds weaken and the feeling in shares is softened
“The highest rates are clearly harmful to the growth prospects of the US. And the Nok are overcoming, while the Tsar and the MXN are low performance in the day.
“The FX can appear in the bilateral conversations (USA/japón) on the next day or two and that can also be weighing on the feeling of the USD. Asian countries seem to be in the sights of the US Treasury in terms that the US could be looking for some adjustments in the USD.
“And a broader readjustment in the USD seems unlikely while countries still evaluate the tariff policies of President Trump and its consequences. Even so, the talk can only add to the feeling that a weaker USD could eventually join the US commercial policy at some time. In the graphics, the losses of the DXY 100.3) Risk a new (and possibly significant) drop in the index;
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.