OVERVIEW The US Dollar strengthens against the Japanese Yen as US Treasury Yields reach seven year highs The Pound extends its rise against the Euro as an EU source is said to have welcomed a new Brexit proposal plan The Turkish Lira weakened by over 2% today against the US Dollar a day after inflation […]
The dollar has traded softer during the London AM session, correcting some of the gains seen over the last day following strong U.S. data and the associated spike in Treasury yields. EUR-USD has lifted back above 1.1500 after lifting out of the six-week low seen during the Asian session at 1.1463. USD-JPY has also backed […]
The dollar index dipped to 95.56 lows in morning N.Y. trade on Thursday, though later recovered to 95.88 as yields remained firm. Incoming data saw slightly lower than expected jobless claims, and strong factory orders, though neither had much impact on the FX market. EUR-USD topped at 1.1542 before falling to 1.1493 lows, while USD-JPY […]
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