According to Bpaynews, the dollar opened mixed in the New York session, gaining 0.34% against the yen but slipping 0.06% against the euro and rising 0.03% against the pound. U.S. Treasury yields steepened, with the 10-year yield rising to 4.113% and the 30-year to 4.762%. U.S. stocks edged higher, with the Dow, S&P 500, and Nasdaq all posting gains. Bitcoin rebounded to around $87,258 from a previous low of $83,814. Euro-area flash HICP inflation rose to 2.2% y/y, slightly above expectations, while unemployment ticked up to 6.4%. China reportedly issued its first rare earth magnet general export license to the U.S. since the Xi–Trump meeting, potentially easing supply chain concerns.
Dollar Mixed Against Major Currencies as Yields Steepen and Stocks Rise
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