US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets
The US Dollar surged after US economic data bolstered rate hike bets, sending stocks lower and Treasury yields higher. Traders have Australian GDP data and China’s trade balance in focus.
The US Dollar surged after US economic data bolstered rate hike bets, sending stocks lower and Treasury yields higher. Traders have Australian GDP data and China’s trade balance in focus.