SYFX

US dollar dollar on the defensive as yields fall

Published On: April 1, 2021

Summary

By sueyangfx.com April 01, 2021 at 02:23PM Bid in Treasuries undermines dollar US 10-year yields are down 4.5 bps to 1.69% and that’s spilling over into FX where the dollar is slumping. AUD/USD has nearly erased its entire decline on […]

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By sueyangfx.com

April 01, 2021 at 02:23PM

Bid in Treasuries undermines dollar
US 10-year yields are down 4.5 bps to 1.69% and that’s spilling over into FX where the dollar is slumping.
AUD/USD has nearly erased its entire decline on the day. It’s trading down 5 pips to 0.7593 from a low of 0.7532.

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