4/28/2021 7:50:44 AM GMT | By Pablo Piovano
DXY extends the upside beyond the 91.00 mark.
US yields tick higher and lend support to the dollar.
The FOMC is largely expected to keep its accommodative stance.
The greenback, when tracked by the
US Dollar Index (DXY), climbs to new 3-day highs above the 91.00 hurdle on Wednesday.
US Dollar Index bid ahead of FOMC
The index extends the weekly recovery and posts gains for the third consecutive session on Wednesday amidst the rebound in US yields.
In fact, yields of the US 10-year note manage to regain the vicinity of the 1.65% level, broadening the bounce off recent lows in the 1.53% zone.
USD/JPY consolidates gains near two-week highs at 109 00
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USD/JPY consolidates gains near two-week highs at 109 00
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