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The roundup says the Swiss franc remains supported by safe-haven demand, while sterling and gilt yields rise on expectations for Bank of England policy tightening and ahead of the U.K. budget. It also notes euro weakness tied to French fiscal concerns and a Treasury auction under close watch.
1123 GMT - The dollar's rally could lose steam if Treasury yields ease ahead of the Federal Reserve's October 28 meeting, UniCredit's Roberto Mialich says in a note. Investors could view currently high U.S. yield levels as a buying opportunity, taking some shine off the dollar, he says. "A decline in U.S. yields could
The dollar's rally may stall if Treasury yields decline before the Federal Reserve's October 28 meeting, according to UniCredit's Roberto Mialich. Investors might see current high U.S. yield levels as an attractive entry point, potentially diminishing the dollar's strength.