Wednesday, June 4, 2014

Forex Market Update : Epic Research Singapore

The dollar hit a one-month high against the yen in Asia on Wednesday following overnight gains in U.S. Treasury yields. 


As of 0450 GMT, the dollar was at Y102.68 after reaching as high as Y102.81, its highest level since May 2. That compared with Y102.50 late Tuesday in New York, where the yield on the 10-year Treasury rose to 2.592%. Just last week the benchmark Treasury yield was down at 2.4%, its lowest level since October


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