Dollar Gains as Bond Yields Surge, Bitcoin Breaks Above 70K on Post-Election Hopes

Dollar extended its broad gains today, bolstered by the jump in US 10-year Treasury yield, which surpassed 4.3% as expectations grow for an expansive fiscal agenda following the US presidential election. In parallel, Bitcoin has surged past 70K for the first time since June, driven by speculation that post-election developments could accelerate efforts to expand […] The post Dollar Gains as Bond Yields Surge, Bitcoin Breaks Above 70K on Post-Election Hopes appeared first on Action Forex.

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Nov 4, 2024 - 01:42
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Dollar Gains as Bond Yields Surge, Bitcoin Breaks Above 70K on Post-Election Hopes

Dollar extended its broad gains today, bolstered by the jump in US 10-year Treasury yield, which surpassed 4.3% as expectations grow for an expansive fiscal agenda following the US presidential election. In parallel, Bitcoin has surged past 70K for the first time since June, driven by speculation that post-election developments could accelerate efforts to expand […]

The post Dollar Gains as Bond Yields Surge, Bitcoin Breaks Above 70K on Post-Election Hopes appeared first on Action Forex.

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