Dollar steadies itself on the day

The greenback has pared losses against the euro, pound, loonie, aussie and kiwi on the session now, trailing just behind the yen and franc. Even then, the dollar has moved off earlier lows and is actually posting slight gains against the pound and loonie notably. This comes as Treasury yields pull higher after a bit of a drop earlier, with 10-year yields now back up by over 4 bps to 2.72%:


Now, it is still early in the day and a technical breakdown in yields could still yet materialise. But for now, there is some apprehension and dollar bulls are making full use of that sentiment.

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