TechFlow news — On March 11, according to Jinshi Data, Pepperstone strategist Michael Brown said in a report that the dollar declined alongside U.S. Treasury yields due to concerns over the U.S. economy losing momentum under Trump's leadership and rising policy uncertainty.
The Trump administration is doubling down on the idea of trading short-term economic pain for long-term gains. Persistently weak sentiment has driven yields lower, putting pressure on the dollar, "with a broader flight from dollar-denominated assets also playing a role."
Meanwhile, markets will be watching tonight's release of U.S. job openings data; weaker-than-expected figures could intensify existing market anxieties about slowing economic momentum.
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