US Dollar Soft while Consolidating Yesterday's Drop
Marc Chandler
August 11, 2022
Overview: The US dollar is consolidating yesterday’s
losses but is still trading with a heavier bias against the major currencies
and most emerging market currencies. The US 10-year yield is soft below 2.77%,
while European yields are mostly 2-4 bp higher. The peripheral premium over the
core is a little narrower today. Equity markets, following t…
US Dollar Soft while Consolidating Yesterday's Drop
Reviewed by Marc Chandler
on
August 11, 2022
Rating: