Dollar Puts Euro Under Pressure After US Bond Yields Rise

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Dollar Puts Euro Under Pressure After US Bond Yields Rise – Reuters

The US dollar rose to near a two-week high after a rise in US Treasury yields to three percent supported the greenback, while a mixed picture from euro zone business surveys failed to help the single currency at the start of a busy week.

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Sterling Extends Slide After Carney Punctures BoE Rate Hike Bets

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Sterling Extends Slide After Carney Punctures BoE Rate Hike Bets – Reuters

Sterling fell another 0.3 percent to a two-week low after Bank of England governor Mark Carney signalled that the central bank may not rush to raise interest rates in May because economic data was “mixed”.

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