Forex: Top FX Headlines: Why Does the US Dollar Want Stocks to Go Higher?: 9/13/17
– Main source of risk aversion past month has been geopolitical in nature; with geopolitical tensions subsiding momentarily, investors have been leaving safe haven assets and returning to riskier positions.
– US equity market rebound going hand-in-hand with US Treasury yields rising; inference is that US yields dropped on safe haven demand. Further improvement in risk appetite should boost US yields further, lifting the US Dollar.