Tuesday, 9 October 2018

US Dollar Back on Offense as Benchmark Yield Hits Nine-Year High

The US Dollar is back on the offensive against its major counterparts as the benchmark 10-year Treasury bond yield rises to the highest level in nine years.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...