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Home Forex Trading Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge

Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge

Andrew M Mar 05, 2021 comments off
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Treasury yields surged higher after Fed Chair Jerome Powell failed to cool bond market volatility. AUD/USD broke below a key trendline after safe-haven bids drove the US Dollar higher.

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Australian Dollar/US Dollar FX Spot Rate, FX Spot Rate, THOMSON REUTERS Jerome Powell US Dollar
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