Decline in the dollar’s dominance, up bond yields

Decline in the dollar’s dominance, up bond yields

13-05-2015 12:50 PM

Decline in the dollars dominance up bond yieldsThe euro rose against the poor in the form of the dollar in Europe yesterday as undermined the fluctuations in the bond market belief strongly the US currency, which has dominated the currency markets the previous year. The recent move to re-evaluate the risks in the form of a year in the bond markets, which analysts trying to find out its causes to the rise in long US bond yields term night the day before yesterday. It was supposed that the dollar will benefit from this, but German bond yields rose in the largest form and there was positive news in other parts of the world pushed the pound sterling and the Australian dollar to rise. As a result of all of that dollar index falling 0.7 percent. The euro rose by about a percentage point to $ 1.1252. Sterling continued to continuous rise since last week and increased 0.6 percent from the previous close. Against the yen, the dollar fell less than 0.1 percent to 119.99 yen. Australian dollar New Zealand dollar moves in the bond market benefited as the first rose 1.1 percent to US $ 0.7977, while the second went up 0.7 percent to US $ 0.7388. Gold rose one percent as the dollar and European shares suffered a sell wave in the global bond markets worry investors but prices remained below $ 1,200 an ounce due to high real returns on bonds. He added gold in the spot market to $ 1196.60 an ounce before falling to $ 1195.70, up 0.9 percent from the closing of the day before yesterday, while the metal rose in the US futures contracts delivered in June (June) $ 12 to $ 1195.10 an ounce.

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