17 Jul 2014
The greenback is slowing up - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the conditions around the dollar and how it has slowed up in today’s markets.
Key Quotes:
"The US dollar has backed off after approaching the upper end of its recent ranges against the euro (~$1.3500) and yen (~JPY102)".
"US Treasuries remain firm and the 10-year yield is near 2.50%, which represents a one week low."
Key Quotes:
"The US dollar has backed off after approaching the upper end of its recent ranges against the euro (~$1.3500) and yen (~JPY102)".
"US Treasuries remain firm and the 10-year yield is near 2.50%, which represents a one week low."