Treasury Yields, Dollar Weaken Ahead of U.S. Manufacturing Data

Treasury Yields, Dollar Weaken Ahead of U.S. Manufacturing Data·The Wall Street Journal

The WSJ Dollar Index is slightly down as the greenback weakens around 0.3% versus the euro and the pound and 0.2% against the yen. 1026 GMT – The dollar could fall modestly once liquidity is fully re-established following the Christmas trading period but any decline won’t be sustained, ING analyst Francesco Pesole says in a note. U.S. President-elect Donald Trump’s policy mix of proposed trade tariffs and fiscal stimulus should trigger further dollar strengthening, he says.

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