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Dollar holds tentatively lower so far on the day

The greenback is down slightly on the day but I wouldn't really read too much into it, at least for now. EUR/USD is up 0.15% to 1.0515 while GBP/USD is up 0.35% to 1.2175 on the day. In comparison to the moves this week, the changes today don't mean anything much. Not especially when Treasury yields are continuing to hold at the highs.10-year yields in the US are now up 2.9 bps to 4.636% and off the lows earlier today around 4.589%. That is something to be wary about as the continued selling in... Read More

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Dollar

Holds

Tentatively

Lower

Forex

Posted: Sep 28 2023, 09:11

Author Name: forexlive

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