FOREX-Dollar firm as U.S. yields support, yen retreats

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Re: FOREX-Dollar firm as U.S. yields support, yen retreats

Post  teentit4n on Tue Nov 02, 2010 10:13 pm

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Re: FOREX-Dollar firm as U.S. yields support, yen retreats

Post  XREDXR on Fri Oct 29, 2010 2:19 pm


The dollar was off this week's 15-year low against the yen,helped by a rise in U.S. Treasury yields on Thursday on U.S.jobs data and a widening in the U.S.-Japan yield spread.

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"Rising U.S. yields have been driving the dollar against theyen," said Gareth Berry, currency strategist at UBS.



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