Forexyard analysis - Greenback Slips After Posting Its Largest 1 Day Gain

The currency market is focusing on U.S. short-term Interest Rates as talk of a rate increase by the Federal Reserve has emerged. Dealers said that market participants will focus on a slew of Treasuries auctions this week. If longer-term Treasury yields rise on supply worries, this could weigh on the U.S dollar. and that might be difficult for the USD to climb further only on U.S. positive jobs data.

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