EUFX - US Dollar Firms Against The Euro And Yen While The Dollar Bloc Finds Support
- The euro and yen remain under pressure, but the dollar-bloc currencies are finding a little better footing today as equities and bonds look for fresh direction.
- US shares have stabilized after the S&P 500 lost 0.5% yesterday and the NASDAQ tumbled 2%.
- The US reports weekly initial jobless claims, which are expected to have fallen.
- While most emerging market currencies are lower, the large and accessible ones, like Russia, South Africa, and Mexico, are firmer.
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US Dollar Firms Against The Euro And Yen, While The Dollar Bloc Finds Support