The market is shifting back to the view that the U.S. Economy is picking up, and we may see further rate hikes. You'll see the dollar gaining against most major currencies.
Antje Praefcke
market economy view
If Japanese investors buy U.S. Treasuries, then they have to buy the dollar as well. The market expects flows out of Japan during this week and the whole month, and that may support the dollar.
support market japanese japan
There was a lot of speculation last week about the end of rate hikes. Now we've come back to what I would call normal expectations, and that has supported the dollar.
end expectations call normal
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