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Dollar stays poised so far in European trading

The dollar is sitting higher on the day now, only trailing behind the Swiss franc. The greenback continues to be in a firm spot as Treasury yields are holding at the highs, with 10-year yields now nearly 6 bps to 4.63% on the day. With month-end and quarter-end flows out of the way, the dollar is starting to look ripe again as things turn back into its favour.EUR/USD is down 0.3% to 1.0540 and breaking back below its 100-hour moving average (red line), after having seen sellers defend a bounce a... Read More

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Content Topics

Dollar

Stays

Poised

European

Trading

Forex

Posted: Oct 2 2023, 09:51

Author Name: forexlive

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