US Dollar Index challenges daily lows near 95.50 By pabspiovano DollarIndex Currencies Majors
US yields correct lower and collaborate with the weak dollar., which gauges the buck vs. a bundle of its main rival currencies, keeps trading in the negative territory around the mid-95.00s in the wake of the opening bell in Wall St on Wednesday.The index comes under pressure after climbing as high as the 95.80/85 band earlier in the week, all against the backdrop of the strong rebound in US yields, which saw yields across the curve renew the uptrend and record fresh tops.
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