This continues the post-NFP momentum for the dollar, especially against the euro and pound. EUR/USD briefly dipped below 1.0200 earlier to a low of 1.0176 but is now back up to 1.0203 - still down 0.4% though.
The former is seeing 10-year Treasury yields up again today to 4.796% currently. That is the highest for yields since November 2023.
But in essence, it reflects the view that traders are still potentially seeing the risk of a BOJ "surprise" next week. That being said, expect there to be "reports" i.e. BOJ leaks ahead of the decision, which will guide markets to price in sentiment accordingly. That can be any time between now and early next week.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about dollar keeps in control to start the new week was published today ( ) and is available on forex 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.
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