Not exact matches
It was pressured down to its low by a rising dollar (DX from 89.88 — 90.20, 2 - week high), which was boosted by a softening yen (107.35 — 107.70, rising US
yields) a continued
decline in the pound ($ 1.4095 - $ 1.4035, fallout from BOE's Carney comments that they could hold off raising rates next month), and a pullback in the euro ($ 1.2350 - $ 1.2295, miss on
German PPI).
German bond
yields have
declined over the past three months to be only slightly above the multi-decade lows seen in early 2003, while Japanese
yields have also edged downward.
The EUR / USD moved lower
declining for the 5th consecutive day as U.S.
yields continued to trend higher, widening the interest rate differential between the U.S. treasury and the
German bund.