Fed's officials support USD
US dollar got support from the hawkish comments of the Federal Reserve’s policymakers.
Atlanta Fed President Dennis Lockhart said that he would call for a later rate hike than in September only in case of "significant deterioration" in American economic data. Lockhart is a hawk by leans to the slightly dovish side, so his words has a sizeable effect on the market.
On Friday, St. Louis Fed president James Bullard also claimed that the recent economic data are bolstering the case for raising short-term rates when officials meet in September.
Yields on 2-year Treasury notes rose to 0.74%, reversing all the fall that followed a surprisingly weak report on US wages out last week.