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Dollar keeps the advance from yesterday going
The greenback managed to reestablish itself in trading yesterday, with the euro softening after a weak set of PMI data. The run is continuing today as equities are looking troubled while Treasury yields are also slightly higher. 10-year yields are up 2.8 bps to 4.867% and that is helping to keep the dollar underpinned, with USD/JPY continuing to hover just below 150.00:Now, there is a significantly large set of option expiries for the pair due on Friday at the 150.00 mark. However, that might no...
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Posted: Oct 25 2023, 10:53
Author Name: forexlive
Views: 112231