What you need to know on Tuesday, August 10:
The dollar was under slight pressure during the first half of the day, resuming its advance during the US session to record new highs against most major rivals. The dollar moved alongside US government bond yields, which managed to rebound after an initial decline. The 10-year US Treasury yield exceeded 1.32%.
Asian stock indices ended the day with gains, but their European and American rivals were unable to follow suit. Only the Nasdaq Composite was able to post modest gains.
European data was tepid, pushing EUR / USD lower. The pair settled at the 1.1730 area, approaching the March low of 1.1703.
GBP / USD is trading around 1.3850, while AUD / USD is around 0.7330. USD / CAD is close to 1.2580, while USD / JPY remains stable in the 110.20 price zone.
Gold was down, ending the day at $ 1,730 a troy ounce. Crude oil prices ended the day unchanged, cutting modest losses before the close.
Brexit may once again be the center of attention, to the detriment of the pound. Nigel Farage, former leader of the UK Independence Party, said the UK should take control of the migration crisis and called for the collaboration of the EU and, in particular, France on the issue. Farage said the only way to stop people crossing the English Channel illegally is to send migrants back to France.
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