Skip to content
US Dollar Restores Gains as Risk Trading Improves and Yields Pull Back


Strong US Dollar bid earlier in New York trade has reversed.

The dollar managed to make some stops against the yen and the pound, but as yields cooled, so did the currency. At the same time, some downside buying of US equities helped reverse the trend. The S&P 500 fell to 4474 but is now up 11 points to 4511.

Cable has been particularly volatile after falling to the lowest since November 2020.

cnbctv18-forexlive

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.