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Analysts pointed to technical factors for the dollar's pullback, following a two-day rally of as much as 1.4% against the euro after unexpectedly strong U.S. jobs data, as well as more hawkish rhetoric from Federal Reserve Chair Jerome Powell, scuppered bets for an early interest rate cut. U.S. Treasury yields gained some respite on Wednesday after falling from this week's highs on solid demand at a sale of new three-year notes, removing some support for the dollar.