The US dollar is broadly softer today and falling yields have contributed to that.
- Prior was 2.055%
- Bid to cover 2.48 vs 2.61 prior
There hasn’t been much of a market reaction to this but yields have been creeping up from the lows in the last hour or so. That could put a floor under the dollar.
This article was written by Adam Button at www.forexlive.com.
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