Greenback Softens Ahead of CPI
Marc Chandler
May 11, 2022
Overview: It appears that investors have become more
concerned about growth prospects and less about inflation in recent days. The
US 10-year yield that had flirted with 3.20% at the start of the week is now around
2.93%. It is approaching the 20-day moving average (~2.90%), which it has not
closed below in a little more than two months. European …
Greenback Softens Ahead of CPI
Reviewed by Marc Chandler
on
May 11, 2022
Rating: