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Dollar stays poised amid higher bond yields

The dollar regained its composure towards month-end and quarter-end trading on Friday and to start the new week, higher bond yields are likely to keep the greenback steadier. 10-year Treasury yields are up 4 bps to 4.612% and that is underpinning USD/JPY in particular with the pair now within touching distance of the 150.00 level:The last time we were here was back in October last year and that prompted Japanese officials to intervene to prop up the yen for the first time since 1998. The thresho... Read More

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Dollar

Stays

Poised

Amid

Higher

Bond

Yields

Forex

Posted: Oct 2 2023, 04:15

Author Name: forexlive

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