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Dollar holds steady to start the session

It's another mixed start to European morning trade, as we see a more tepid mood in equities. Meanwhile, the dollar is mildly higher but Treasury yields are actually sitting lower on the day. 10-year yields are now down 2 bps to 3.515% and that might eventually catch up to the dollar, even though it did not yesterday.

However, we are seeing a bit of divergence in that sense from USD/JPY price action as such:

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Content Topics

Dollar

Holds

Steady

Start

Session

Forex

Posted: Dec 7 2022, 07:25

Author Name: forexlive

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