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Dollar follows US yields
Dollar eases as Treasuries rally on Bessent Treasury nomination
By Alden Bentley, Medha Singh and Wayne Cole NEW YORK (Reuters) -The dollar backpedaled from two-year highs on Monday, while U.S. Treasury markets cheered Donald Trump's pick of hedge fund manager Scott Bessent for the U.
What Bessent’s Pro-Growth Agenda Means for Treasury Yields, Gold, Stocks, and the Dollar
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for gold.
US Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting.
Dollar rebounds on Trump tariff warning
Equity Markets Retreat, Dollar Gains As Trump Fires Tariff Warning
Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
Mexico hits back as Trump’s tariff threat shakes markets
President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problem
Dollar rebounds on Trump tariff warning; stocks point lower
The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States. Stocks were weak after strong gains globally in the previous session following fund manager Scott Bessent being nominated as Treasury Secretary,
Cfr.org
18h
Scott Bessent May Rue the Day He Became U.S. Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
2d
on MSN
Morning Bid: Treasuries rally on Bessent pick, dollar retreats
U.S. Treasury yields slipped back on Monday after Wall Street money manager Scott Bessent got the nod to be the next Treasury ...
2d
Dollar’s Dip After Bessent Appointment is Likely Temporary
The dollar weakened after Donald Trump nominated hedge-fund manager Scott Bessent as Treasury Secretary, but MUFG said the currency should soon resume its recent strengthening.
2d
on MSN
Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
2d
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...
11h
EUR/USD gains as US Dollar declines, US PCE inflation in focus
ECB’s Centeno warned about the risk of price pressures remaining below the bank’s target.
1d
Scott Bessent’s Job: What the Billionaire Does for a Living
Bessent is married to his husband, John Freeman. Freeman is a former New York City prosecutor. Bessent and his husband, ...
2d
on MSN
Trump’s Treasury Pick Will Please Wall Street
The choice of hedge fund manager Scott Bessent came after a public battle among Trump supporters over who should be the new Treasury secretary.
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