US Dollar Sinks as Yields Collapse After SVB’s Failure, US Inflation Data Ahead

US DOLLAR OUTLOOK: The U.S. dollar began the week on the back foot, dropping precipitously after a deep decline in U.S. Treasury yields Yields have moved lower on expectations that the Fed could adopt a more dovish stance in light of recent stress in the banking sector following SVB’s collapse The February U.S. inflation report …

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