Forex Today: US Dollar trying to find a foothold ahead of mid-tier data – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
The sharp decline witnessed in the US Treasury bond yields weighed heavily on the USD on Monday. The benchmark 10-year US Treasury bond yield lost more than 2% and declined below 3.5% for the first time since April 14. Early Tuesday, the 10-year yield is having a difficult time staging a rebound. Meanwhile, Wall Street's main indexes closed mixed with the Nasdaq Composite posting modest losses and the Dow Jones Industrial Average adding 0.2%.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: US Dollar loses momentum as Treasury yields slideNo economic reports are due during the Asian session on Tuesday. After a quiet beginning of the week, investors will focus on earnings reports while p
Read more »
Forex Today: Steady start to the week ahead of key data releasesForex Today: Steady start to the week ahead of key data releases – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Read more »
GBP/USD Forex Signal: Mixed Outlook Ahead of Key US DataThe UK economy is going through a rough patch as inflation remains stubbornly high.
Read more »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, EUR/USD, GBP/USDMarkets had an unsettled week which saw little overall change in the value of most assets, with little going on except some CPI releases in the UK, Australia, and New Zealand-
Read more »
EUR/USD Forex Signal: Consolidation Below $1.0990Bulls continue to be unable to decisively break above the round number at $1.1000. Get the EURUSD Forex signal here -
Read more »
BTC/USD Forex Signal: Short-Term Weakness to PersistThe BTC/USD pair has been under pressure in the past few weeks as the recent rally faded.
Read more »