XE Market Analysis: North America – Mar 17, 2021

The dollar is up on Tuesday’s lows, although has remained within the bounds of ranges that were seen yesterday. Stock markets have hunkered down defensively into the Fed policy announcement and revised economic forecasts, which are due later today, while longer dated Treasury yields have remained buoyant, with the 10-year T-note yield nudging to fresh cycle highs above 1.650%.