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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...
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Posted: Oct 2 2023, 09:51
Author Name: forexlive
Views: 113030