Dollar Up, Boosted by Higher-than-Expected Consumer Prices and Rising Yields By Investing.com – Investing.com

  • Date: 13-May-2021
  • Source: Investing.com
  • Sector:Retail
  • Country:Middle East
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Dollar Up, Boosted by Higher-than-Expected Consumer Prices and Rising Yields By Investing.com – Investing.com

By Gina Lee

Investing.com – The dollar was up on Thursday morning in Asia as rising U.S. Treasury yields and a accelerated fears about runaway inflation and lent support to the U.S. currency.

The that tracks the greenback against a basket of other currencies inched up 0.04% to 90.718 by 11:09 PM ET (3:09 AM GMT).