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Dollar keeps in a good spot so far today

Dollar keeps in a good spot so far today
Higher Treasury yields continue to play its part in underpinning the dollar today, as we continue from where we left off on Friday last week. The only difference is that equities aren't as enthusiastic but the technical picture for stocks is looking optimistic (see the charts below). Here's a snapshot of the Treasuries space at the moment:2-year yields up 4.9 bps to 4.551%5-year yields up 6 bps to 3.901%10-year yields up 5.4 bps to 3.746%30-year yields up 4.9 bps to 3.931%In turn, that is helpin... Read More
Posted: Jun 5 2023, 10:48
Author Name: forexlive
Views: 110841

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