US Dollar Strengthens as Treasury Targets Rising Yields. Forecast as of 20.08.2026

It appears the US-coordinated currency intervention may have preceded a broader effort to push Treasury yields lower. The Treasury Department has demonstrated that it is prepared to intervene in the government bond market. How could this affect the US dollar? Let's examine the implications and develop a trading plan for the EUR/USD pair.Major Takeaways The Treasury will not tolerate a sustained rise in Treasury yields. The US dollar risks following the yen's path. Speculators are likely to