PT Solid Gold Berjangka | Dollar Declines With Treasury Yields, Yen Advances
The dollar fell against most G-10 peers in view of Treasury yields, which extended declines as Fed bets remain unmoved by a beat in core US inflation for August.
The Bloomberg Dollar Spot Index fell as much as 0.2% after ending lower on Wednesday. The yen led gains ahead of a key 20-year JGB auction, and the euro rose 0.1% before a policy rate decision by the European Central Bank later today.
The Australian dollar printed a fresh intraday high on a headline beat in employment change for August, with options desks later selling into the gains on the realization that it was largely driven by part-time positions.
The Bloomberg Dollar Spot Index eased 0.1%, while the yield on 10-year Treasuries fell two basis points to 4.23%
USD/JPY declined 0.2% to 147.13 versus 147.03/47 range.
AUD/USD gained 0.1% to 0.6429; it rose as much as 0.5% to 0.6453 after data showed employment added 64,900 roles, outstripping expectations of a 25k increase. However, 62,100 of those were part-time.
Some information comes from FX traders familiar with the transactions who asked not to be identified because they aren’t authorized to speak publicly.
Source: Bloomberg
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