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Dollar holds firmer so far, more US data coming up

It is only the Japanese yen that is trading higher against the dollar today and that owes to bond yields keeping slightly lower still in European morning trade. USD/JPY is down 0.25% around 145.80-90 levels mostly, as we are seeing 10-year Treasury yields be down 1.6 bps to 4.102% at the moment.That aside, the dollar is trading firmer across the board with the euro being the laggard. EUR/USD is down 0.5% to 1.0870 and that owes to traders paring bets on an ECB rate hike for next month as noted h... Read More

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Dollar

Holds

Firmer

Far

Data

Coming

Forex

Posted: Aug 31 2023, 10:39

Author Name: forexlive

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