US dollar sellers arrive as yields rebound | Forexlive
The latest move in the US dollar is a bit of a head-scratcher but it could foreshadow an improvement in the risk tone. The dollar is selling off across the board at the moment and that’s coincided with a bounce in yields. US 10-years are up to 3.45% from a low of 3.42%.
Cable is leading the rebound against the dollar.