Dollar is performing very well today. Dollar index, which a measure of value of dollar against basket of currencies is currently trading at 98.02, up 0.08% for the day.
Dollar has broken pound, which is down 0.12% so far against dollar, trading at 1.556.
As US economy is regaining its foot back, speculation has also came back to push dollar and treasury yields higher.
- US 2 year treasury yield is currently at 0.6817, up 2.43% today so far. While rising yield supports dollar, key question remains, whether or not yield will be able to break out its resistance around 0.73-0.75% area.
- This will be fourth consecutive attempt by treasury yields to break the level. Dollar is likely to gain further grounds if the level gets cleared.
Dollar index is also facing crucial resistance ahead around 98.5, which if broken dollar is likely to test 100 mark once more.


Kazakhstan and Tether Explore Tenge Stablecoin and RWA Tokenization
Bitmine to Stop Ethereum Buying After Reaching 5% ETH Supply
Bitcoin Price Falls Below $83K as Liquidations Hit $697M
DogecoinVM Makes DOGE Transactions 300x Faster
Zcash Privacy Demand Rises as AI Exposes Bitcoin Transactions
Cardano Hits Record 436 TPS as Network Scaling Advances
Dogecoin Liquidations Surge as DOGE Bulls Face Heavy Losses
XRP Whale Activity Drops 27% in Eight Days Amid Market Sell-Off
Solana Targets 200ms Block Time in Major Network Upgrade
David Schwartz to Reveal XRP Ledger Future at Ripple Swell 2026
XRP Ledger Activates New Security Feature for Banks and Stablecoins
Litecoin Marks 15 Years as Grayscale Backs LTC ETF Push
Evernorth XRPN Nasdaq Listing Delayed to October 12
Circle Stock Falls 4% as Crypto Selloff Overshadows SAP Pay Expansion 



