US Dollar Under Pressure as Bond Yields Decline
Tuesday, 27 February 2024, 04:19
US Dollar's Vulnerability
The US Dollar (USD) is trading with a mild negative bias during the Asian session on Tuesday, staying near its lowest level since February 2.
Key Factors
- Sliding US bond yields
- Eyes on US macro data
The currency is under scrutiny amid market volatility and economic events. Traders are monitoring the developments closely for potential trading opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.