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Dollar loses some ground to start European morning trade

Of note, the greenback is slipping against the European currencies and the Japanese yen for now. EUR/USD is up 0.3% to 1.1030 while GBP/USD is once again testing waters just above the 1.2500 mark, also up 0.3% on the day. Looking at broader markets, equities are sensing a calmer mood while Treasury yields are still falling with 10-year yields down 3 bps to 3.408% currently.For equities, I reckon it's a bit too early as we might get another twist in the regional banking saga once Wall Street come... Read More

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Content Topics

Dollar

Loses

Some

Ground

Start

European

Morning

Trade

Forex

Posted: May 3 2023, 07:16

Author Name: forexlive

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