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Dollar down slightly as the bond selling comes off the boil for now

The greenback is sitting lower on the balance of things now, with EUR/USD up 0.3% to 1.0500 and GBP/USD up 0.4% to 1.2125 on the day. It comes as the bond rout is seen cooling in European trading, with 10-year Treasury yields now at 4.81% after having touched 4.88% at the start of the session.That being said, USD/JPY is still keeping steadier at 149.15 despite Tokyo intervention overnight. And that speaks quite a lot about overall dollar sentiment at the moment I would say.As for the bit part re... Read More

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Content Topics

Dollar

Down

Slightly

Bond

Selling

Comes

Boil

Forex

Posted: Oct 4 2023, 10:04

Author Name: forexlive

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