US dollar stumbles as the risk mood improves

[forex4you]

US dollar stumbles as the risk mood improves

<p>USD/JPY is at a session low, down 120 pips to 133.29 as part of a broad US dollar selloff. The decline has extended since the release of an in-line jobless claims number.</p><p>It's all about flows at this time of year as market participants position for 2023. S&P 500 futures are now up 30 points to 3836, or 0.8% in a strong rebound from yesterday's slump.</p><p>Bond market trading is thin but there's some pain there for the US dollar with US 10-year yields down 3 bps to 3.85% on the day.</p><p>The claims data is the only thing on today's US <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" rel="follow">economic calendar</a> so it will be all about the ebb and flow from here.</p>

                This article was written by Adam Button at www.forexlive.com.

Source: US dollar stumbles as the risk mood improves

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