Risk-off conditions in Asia saw the Dollar rally, though European stocks rallied, and Wall Street largely retained Monday’s sharp gains, resulting in the safe-haven USD ease lower through the N.Y. session. The DXY had printed a near four-week high of 91.39 overnight, though later bottomed at 90.75 after the London close. There was nothing in […]
The dollar has seen a down-and-up price action, ebbing during the Asian session into the London interbank open and then rebounding during the European morning, concomitantly with a rebound in the dollar as U.S. Treasury yields shifted higher amid the backdrop of rallying stock markets. The 10-year T-note yield lifted about 5 bp back above […]
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