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Dollar nudges higher as stocks, yields stay anchored

Dollar nudges higher as stocks, yields stay anchored
Lower rates weighed on the dollar yesterday but are not really working against the greenback in trading so far today. In part, I would say the softer mood in equities is helping to reaffirm a more risk-off approach and that is perhaps helping to see the dollar nudge a little higher now.EUR/USD is down 0.2% to 1.1018 with GBP/USD keeping a rejection from 1.2500 earlier to 1.2450 at the moment. The former is sandwiched between large option expiries with the highs also limited around a large one at... Read More
Posted: Apr 25 2023, 11:18
Author Name: forexlive
Views: 102461

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