Dollar Hovers Near Three-Week Low as Treasury Yields Fall
Tokyo, October 21 (QNA) – The US dollar remained on the defensive on Wednesday after hitting a three-week low in the previous session, weighed down by falling US Treasury yields and lower oil prices.
The dollar index, which measures the greenback against a basket of six major currencies, was little changed at 101.78 after shedding 0.2% in the previous session.
The dollar was also steady at 158.33 yen and $1.1229 per euro, while sterling traded at $1.33735.
The Australian dollar edged up 0.1% to $0.7013, just below the…
