Daily Market Review: USD Rebounds on Higher Bond Yields
Channel: JFD Brokers
Date: 2021-03-19

Daily Market Review by Charalambos Pissouros

The US #dollar rebounded against most of its major peers, while US and Asian equities slid as bond #yields rose again. However, with major central banks pledging to keep their respective policies extra-loose, we believe that market sentiment will improve again soon. Yesterday, we also had a #BoE decision, with the Bank keeping its policy unchanged, while overnight, it was the turn of the #BoJ. This Bank widened the band of its long-term yields, and made some tweaks with regards to its ETF purchases.

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