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Dollar surges as yields jump and safe haven demand rises ahead of Trump Xi meeting
Economy
Published on 14 May 2026
Markets bet on fresh Fed hikes after new inflation signals
The US dollar strengthened Thursday as higher Treasury yields and safe-haven buying pulled investors toward the currency. Trading looks heavily influenced by expectations of additional Federal Reserve rate hikes this year. Attention is also on Trump and Xi meeting in Beijing, while the offshore yuan stayed near a three-year high as US inflation data hinted at renewed price pressure.
- Dollar gains driven by higher Treasury yields
- Safe-haven demand amplifies currency support
- Fed hike expectations intensify after inflation signals
- Trump Xi meeting in Beijing keeps focus on yuan moves
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times