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Dollar Rally Continues on Risk-Off Sentiment and Rising Yields; Markets Eye BoE Rate Decision

Dollar Rally Continues on Risk-Off Sentiment and Rising Yields; Markets Eye BoE Rate Decision
Dollar continues to strengthen today, bolstered by prevailing risk-off sentiment that has carried over from US to Asian markets. The surge in benchmark 10-year yields is providing additional support to the greenback, as even Euro has finally conceded a near-term support level against Dollar, further affirming the underlying momentum. Meanwhile, the foreign exchange markets elsewhere […] The post Dollar Rally Continues on Risk-Off Sentiment and Rising Yields; Markets Eye BoE Rate Decision appeare... Read More
Posted: Aug 3 2023, 05:37
Author Name: actionforex
Views: 092154

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