Dollar droops with US yields, stocks mixed amid rates, election risks

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TOKYO : The dollar was on the defensive on Friday following its biggest drop in a month against major peers, as it tracked a retreat in U.S.yields from nearly three-month highs after depressed Treasury prices drew buyers.

The dollar index, which measures the currency against six major peers, was little changed at 104.06 after retreating from Wednesday's three-month peak of 104.57.

The dollar was flat at 151.835 yen, and the euro edged down 0.04 per cent to $1.082325.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Friday Treasury Rise Weekly Three-month Markets Yields Flat Cent Dollar Week

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 10:54:27 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 634 words

Reading Time: 4 minutes read

Sentences: 30 lines

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Copyright Owner: © Channel News Asia

News ID: 23234650

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