U.S. dollar slips from 1-year high on weak data, consolidation - News Summed Up

U.S. dollar slips from 1-year high on weak data, consolidation


U.S. initial jobless claims rose for a third straight week to 362,000 for the period ending Sept. 25, data showed. For the month, the dollar ended up 1.7%, its second straight monthly gain. For the third quarter, the dollar rose 2%. Yields on the benchmark 10-year Treasury note stood at 1.524%, holding near a three-month high reached Tuesday of 1.567%. Europe’s single currency was down 1.9% against the dollar for the month and 2.2% weaker for the third quarter.


Source: MetroXpress September 30, 2021 01:41 UTC



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