Dollar Recovers after Brief Retreat, More Treasury Auctions Ahead
Dollar’s pull back overnight was relatively short-lived as it regains some footing in Asian session today. Sentiments stabilized with US stocks closed higher yesterday, with NASDAQ staged a strong rebound. Treasury yields also retreated mildly. The auction of USD 58B in US 3-year notes was seen as well received, with bid-to-cover ratio at 2.69. But […]
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