US Dollar set for biggest weekly drop in 2019

US Dollar set for biggest weekly drop in 2019

US Dollar set for biggest weekly drop in 2019


The US dollar consolidated overnight losses and is set for its biggest weekly drop in 10 months as the threat of a U.S. government shutdown and lower bond yields on the back of concerns of slowing economic growth weigh.

The dollar received little support from the bond markets, with yields on 10-year U.S. Treasury debt settling at 2.80 percent, well below a more than seven-year high of above 3.2 percent hit in November.


US Dollar set for biggest weekly drop in 2019 <



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