Dollar keeps steadier even as yields retreat further to start the week ...Middle East

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Dollar keeps steadier even as yields retreat further to start the week
source : forex live ( Middle East ) () 115
It's a mixed showing so far in European morning trade, as the dollar is holding its ground despite lower Treasury yields today. 10-year yields are down 3.5 bps to 4.476%, continuing the retreat from the end of last week.That is weighing on USD/JPY as the pair inches back to the 157.00 mark, down 0.2% on the day.But elsewhere, the dollar is still keeping its composure overall. EUR/USD is down 0.2% to 1.0830 at the lows for the day. The price action there sees sellers back in near-term control on a push below the key hourly moving averages around 1.0838-40. The lower bound is still held closer to the 1.0800 mark for now though.Then, GBP/USD is down 0.3% to 1.2700 and USD/CAD up 0.3% to 1.3660

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