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By Stanley White TOKYO (Reuters) - The dollar was pinned near multi-week lows against most major currencies on Thursday as fading gains in U.S. Treasury yields reduced the greenback s interest rate advantage. The euro was in focus ahead of a European Central Bank (ECB)meeting later on Thursday, where any positive comments about the economic outlook or hints of tapering bond purchases are expected to send the common currency racing higher. Sentiment toward the dollar has weakened as last month s spike in Treasury yields reverses course, but some analysts say the outlook over the longer term remains positive due to a strong U.S. economy and an improved coronavirus vaccination programme. ....
Dollar drops as it loses bond yield support Reuters TOKYO | Updated on Euro keeps its eyes on ECB meeting The dollar was pinned near multi-week lows against most major currencies on Thursday as fading gains in US Treasury yields reduced the greenback s interest rate advantage. The euro was in focus ahead of a European Central Bank (ECB) meeting later on Thursday, where any positive comments about the economic outlook or hints of tapering bond purchases are expected to send the common currency racing higher. Sentiment toward the dollar has weakened as last month s spike in Treasury yields reverses course, but some analysts say the outlook over the longer term remains positive due to a strong US economy and an improved coronavirus vaccination programme. ....
Dollar loses bond yield support, euro looks to ECB for inspiration marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
FOREX-Dollar loses bond yield support, euro looks to ECB for inspiration msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
The dollar was pinned near multi-week lows against most major currencies on Thursday as fading gains in U.S. Treasury yields reduced the greenback’s interest rate advantage. The euro was in focus ahead of a European Central Bank (ECB)meeting later on Thursday, where any positive comments about the economic outlook or hints of tapering bond purchases . ....