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US dollar slump extends as yields decline

Published On: April 13, 2021

Summary

By sueyangfx.com April 13, 2021 at 02:57PM US dollar under pressure The dollar is slumping hard today with US 10-year yields now down 1.2 bps to 1.65% from a high of 1.70%. However the dollar move has far-exceeded the move […]

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By sueyangfx.com

April 13, 2021 at 02:57PM

US dollar under pressure
The dollar is slumping hard today with US 10-year yields now down 1.2 bps to 1.65% from a high of 1.70%.
However the dollar move has far-exceeded the move in yields. EUR/USD is now up to 1.1940 from 1.1890 just before the CPI report. The commodity currencies are also taking advantage of the

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