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Firm bond yields push dollar to 4-month high; euro struggles (news: 25/04/18)

Today's press

  • LONDON (Reuters) - The dollar hit a four-month high on Wednesday after a rise in benchmark U.S. Treasury yields above 3 percent rattled some currency bears and led investors to consider whether the greenback was breaking out of a prolonged weak spell.

  • LONDON (Reuters) - Shares were on their way to the longest losing streak of the year on Wednesday, as an advance in U.S. bond yields beyond 3 percent and warnings from top global firms about rising costs fed fears that a boom in earnings may have peaked.

  • The Central Bank of Nigeria has stepped into the inter-bank sector of the foreign exchange market, yet again, intervening in the wholesale segment and other sectors of the market to the tune of $210m.

Next trading day's important events

Forex quotes:

  • USDJPY: 109.29
  • EURUSD: 1.2173


  • S&P 500: 2628.47
  • NASDAQ: 6978.77


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