US Dollar Index Ends July on Fimber Note Amid Global Bond Yield Rise

The US dollar index ended July on a firmer note, with the S&P 500 up 0.7% after large intraday swings.

However, global bond yields rose, led by further weakness at the long end of the US Treasury curve, extending the move from after the FOMC meeting.

The yen remained in focus amid increased coordination between Japanese and US authorities to provide support, while the NZD reached its highest level in several weeks.