In today’s trading, the US dollar is stable against the euro, but is getting cheaper against the yen after jumping to its highest since July 2015 during the previous session.

The dollar is being supported by growing expectations of an acceleration in the pace of base interest rate hikes by the Federal Reserve (Fed). At present, the market includes a rate increase of 2 percentage points by the end of this year, notes the Bloomberg agency.

Against this background, the yield of ten-year US Treasuries jumped to 2.5% on Monday, but by the end of the trades slightly decreased. On Tuesday, the yield of these securities rose to 2.472% compared to 2.465% at the close of the previous session.

This week the market is focused on the final data on the US GDP for the 4th quarter, which will be released on Wednesday, as well as the March report of the US Department of Labor on unemployment.

Calculated by ICE index showing the dollar dynamics against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona) increased by 0.04%, the broader WSJ Dollar Index – decreased by 0.07%.

As of 9:09 Moscow time, $1.0986 was given for the euro, compared to $1.0985 at the close of the previous session.

The value of the U.S. currency paired with the Japanese national currency fell at the same time to 123.56 yen against 123.86 yen at the end of previous trading. The day before, the dollar exchange rate was rising above the mark of 125 yen.

The pound sterling rose to $1.3093 against $1.3088 by 9:09 Mosc