Dollar underpinned by US yields, sterling steadies


SUBMITTED BY: Elchin

DATE: Nov. 14, 2017, 6:48 a.m.

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  1. TOKYO: The dollar got support from higher U.S. Treasury yields in early Asian trading on Tuesday, while sterling arrested a recent slide, which followed concerns about Theresa May's ability to stay on as British prime minister.
  2. The dollar index, which tracks the U.S. currency against a basket of six major rivals, was steady on the day at 94.499 .
  3. Against its Japanese counterpart, the dollar inched 0.1 per cent higher to 113.70 yen, but remained below its eight-month hig ..
  4. Read more at:
  5. //economictimes.indiatimes.com/articleshow/61638454.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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