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BOE Inflation Report Sends Pound Higher

posted by Avatar forexben 561 days ago in USD, Fundamental, Daily

The U.S. dollar was relatively mixed, losing ground against the pound and up sharply against the yen. USD/JPY continued to rally as U.S. Treasury yields continued to soar. 10-year yields advanced to nearly 2.72% as USD/JPY approached highs near 82.40 as the two continued to experience a more than 0.90 correlation.
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