US dollar struggles to recover after slump to 7-week trough amid lower US yields

US dollar struggles to recover after slump to 7-week trough amid lower US yields

The Edge Markets - World·2021-04-21 15:02

TOKYO (April 21): The US dollar languished on Wednesday, hovering just above a seven-week low with subdued US bond yields reducing the currency's yield appeal.

The safe-haven greenback got some respite from a pullback in world stocks from record highs as flare ups in coronavirus infections from India to Canada soured the outlook for a quick global recovery.

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