Why is the US Dollar Falling? Midterms, Yields, and a Critical Economic Test
Why is the US dollar falling? See how the midterms, lower yields, and Fed bets pushed the DXY to key 101 support. The post Why is the US Dollar Falling? Midterms, Yields, and a Critical Economic Test appeared first on BeInCrypto.
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Explained in this story
Bond yield
The annual return an investor earns on a bond, which moves in the opposite direction to the bond's price.
Rising yields mean higher borrowing costs for governments, companies and home buyers.
More about Bond yieldFederal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveMore in Economy
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