Dollar finds better bid
On Wednesday, higher core bond yields and a rebound in USD/JPY supported the dollar across the board. EUR/USD dropped to the low 1.33 area. Sterling showed a buy-the-rumour, sell-the-fact reaction. The UK currency rebounded even as BoE’s Carney repeated his ‘commitment’ to keep policy growth-supportive for long.
Read the full report: FX Daily
KBC