U.S. Dollar Moves Lower As Bessent Boosts Bond Buybacks: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Moves Lower As Bessent Boosts Bond Buybacks: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/u-dollar-moves-lower-bessent-170250168.html
Published: Sep 09, 2026 1:02 PM

U.S. Dollar Remains Under Pressure As Bessent Raises Bond Buybacks To $6 BillionDXY 090926 4h Chart U.S. Dollar Index is losing some ground as traders focus on Treasury's decision to boost bond buybacks to $6 billion. Bessent continues his attempts to put pressure on yields, but they are rising amid rally in the oil markets. Worries about long-term sustainability of U.S. finances also push yields higher. The yield of 10-year Treasuries climbed towards the 4.85% level, while the yield of 30-year Treasuries tested the psychologically important 5.30% level. U.S. Dollar Index continues its attempts to settle below the support level at 98.60 – 98.75. In case U.S. Dollar Index manages to settle be...

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.