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Dollar steadies as yields inch up a little

The dollar is mostly little changed against the euro and pound while we are seeing USD/JPY recover some poise in a push back to 148.90 levels now, up from the lows near 148.30 in Asia. This comes as 10-year Treasury yields are inching up to 4.75% from around 4.71% earlier to start the day.The antipodeans are still hanging on to gains with AUD/USD up 0.3% to 0.6340 but that is down from a high of 0.6377 earlier. And just be wary that as equities and the risk mood is also rather sensitive right no... Read More

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Posted: Oct 5 2023, 07:24

Author Name: forexlive

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