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Dollar weakness continues to impact across markets
Markets are still coming to terms with the central bank announcements of the last couple of days and the legacy of these decisions continues to impact through the markets with US dollar weakness continuing. The surprise non-move from the Bank of Japan continues to strengthen the yen and the ensuing dollar weakness is spreading across markets. With Treasury yields falling sharply, the dollar has come under significant pressure again and the Dollar Index has fallen below is mid-April low at 93.6 to reach its lowest level since the August 2015 spike low of 92.6. This is having a knock on impact with gains on commodities ... (full story)