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Dollar continues to stay under pressure so far on the session

Dollar continues to stay under pressure so far on the session

The greenback is holding near the lows for the day still, facing pressure all across the board against the major currencies bloc. Of note, even USD/JPY is now trading down by 0.2% to around 135.90 even as European and US bond yield are seen higher. 10-year Treasury yields are up 3 bps to 3.953% currently but that isn't enough to help underpin the pair.

Perhaps the technicals are having a say as well with the pair ru... Read More

Posted: Mar 1 2023, 08:41
Author Name: forexlive
Views: 102533

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