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Uptick In Tsy Yields Supports USD

FOREX

An uptick in U.S. Tsy yields has allowed the broader DXY to firm in recent G10 FX trade, with headline flow remaining limited. The greenback is outperforming all of its G10 FX counterparts barring the NOK, which is drawing support from the uptick in oil prices (and is seemingly willing to look through the move lower in U.S. e-mini futures, at least for now).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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