Here is what you need to know on Thursday, October 19: Supported by surging US Treasury bond yields and safe-haven flows, the US Dollar outperformed i
ts rivals on Wednesday, with the US Dollar Index closing in positive territory. As the 10-year US yield continues to stretch higher toward 5%, the USD holds its ground early Thursday. Later in the day, Federal Reserve Chairman Jerome Powell will speak before the Economic Club of New York and the US economic docket will feature weekly Initial Jobless Claims data alongside Existing Home Sales figures for September.
The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . According to the latest report, Israeli air raids continued overnight and theIsrael Defense Forces noted that there has been a "significant escalation" of conflict with Hezbollah.
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