Tag: oil price rally

Dollar strengthens with bond yields, boosts Japanese exporters

HONG KONG, China (AFP) — The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia’s major markets edged up after recent losses. While the corporate earnings season is maintaining traders’ attention, the release on Friday of US economic growth data is a key marker with a strong reading likely to reinforce opinions that borrowing […]