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Dollar in charge as higher yields come back into focus

There was a bit of a breather yesterday with US markets closed but with the return of Treasuries today, or more specifically the selling of bonds, that is helping to prop the dollar higher across the board. The greenback is leading the way in the major currencies space with EUR/USD falling 0.3% to its lowest levels since June:The break back below the 200-day moving average (blue line) on Friday last week was a warning signal already and now dollar bulls are looking to establish the next leg lowe... Read More

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Content Topics

Dollar

Charge

Higher

Yields

Come

Back

Into

Focus

Forex

Posted: Sep 5 2023, 07:36

Author Name: forexlive

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