Forex Today: Dollar weakens amid risk appetite; eyes turn to Australian jobs data

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Forex Today: Dollar weakens amid risk appetite; eyes turn to Australian jobs data
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Forex Today: Dollar weakens amid risk appetite; eyes turn to Australian jobs data – by MSalordFX DollarIndex Currencies Majors AUDUSD EURUSD

came in mixed. On Thursday, the US will report weekly Jobless Claims, the Philly Fed, and Existing Home Sales.

The US Dollar Index finished higher near 103.00, but off highs. The US 10-year Treasury yield rose to 3.57%, the highest level in almost a month.hit monthly lows near 1.0800 before rising to the 1.0850 area. However, the Euro lagged following comments from European Central Bank officials with ahit weekly lows at 1.2420 and then rose back to 1.2500. Bank of England Governor Bailey sounded hawkish, helping the Pound.jumped from 136.40 to 137.

Gold remains under pressure while silver offered some signs of stabilization. XAU/USD bottomed at $1,974 but is still holding above the crucial support area of $1,970.

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