Dollar Gains Capped by 10-Year Yield’s Struggle with Critical Resistance Level

While Dollar extends recent gains following stronger than expected PPI data in early US session, it’s upward momentum was somewhat capped by the retreat in treasury yields as their correlation continues. Nevertheless, the greenback is still staying as the strongest one for the day and the week. It remains to be seen if there is […] The post Dollar Gains Capped by 10-Year Yield’s Struggle with Critical Resistance Level appeared first on Action Forex.

Nov 24, 2024 - 16:46
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Dollar Gains Capped by 10-Year Yield’s Struggle with Critical Resistance Level

While Dollar extends recent gains following stronger than expected PPI data in early US session, it’s upward momentum was somewhat capped by the retreat in treasury yields as their correlation continues. Nevertheless, the greenback is still staying as the strongest one for the day and the week. It remains to be seen if there is […]

The post Dollar Gains Capped by 10-Year Yield’s Struggle with Critical Resistance Level appeared first on Action Forex.

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