Monday, 13 March 2023

US Dollar Hits a One-Month Low as Bond Yields Slump; Gold, Yen Remain Bid

The greenback is falling further in early trade as US Treasury yields continue their sell-off as markets reassess the path of future interest rate hikes.

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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...