US Dollar Index battles to keep gains around 104.50 By pabspiovano DollarIndex Currencies Majors
US yields navigate within a mixed note on Monday., which gauges the greenback vs. a basket of its main competitors, trades within a tight range around the 104.50 region at the beginning of the week.The index extends the side-lined trading into the European session on Monday around the 104.50 region amidst the mixed performance of US yields along the curve and alternatingIn the US money market, yields in the short end of the curve attempt a mild bounce vs.
Investors, in the meantime, remain focused on the Fed plans to tighten further its monetary conditions in the next few months and in 2023. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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