The US dollar is coming under some pressure early in New York trading as Treasuries find a bid again. EUR/USD is up to 1.0960 from a low of 1.0934.The catalyst is yet-another bid in bonds that's pushed 10-year Treasury yields lower by 4.7 bps to 3.87%. That's a fresh low since July and highlights the relentless bid for bonds, including ahead of today's 20-year sale.Along with the rising euro, the pound is finding some bids now despite the surprisingly soft CPI number released earlier. It remains down 50 pips on the session but is 25 pips from the lows.Looking ahead, there is data coming up on eurozone and US consumer sentiment that could offer clue on how strong spending will be through Chri
Hence then, the article about euro perks back up as the dollar falls on declining treasury yields was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Euro perks back up as the dollar falls on declining Treasury yields )