Dollar Rises With Yields for 2nd Day; Yen Outshines G-10 Peers
The dollar climbed for a second day as 10-year Treasury yields edged higher for as many days. Most G-10 currencies declined, with the Japanese yen outperforming peers amid hawkish remarks from a BOJ member.
The Bloomberg Dollar Spot Index rises 0.1%, up 0.3% in two days
USD/JPY falls 0.2% to 151.76, down a 4th time in five days after BOJ board member Hajime Takata called for further rate hike consideration.
GBP/USD drops 0.2% to 1.2591, down for a second day.
EUR/USD declines a third day to 1.0432.
USD/CAD is little changed at 1.42.
US data on Wednesday include MBA mortgage applications, housing starts, building permits, New York Fed services business activity index and FOMC meeting minutes.
Source: Bloomberg