US Dollar Slides on Bank Woes and Softer Yields

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US Dollar Slides on Bank Woes and Softer Yields The US Dollar softened again today after a selloff to end last week with the uncertainty surrounding the banking sector continuing to be assessed by markets. READ MORE Market Analysis The Australian Dollar steadied last week, trading in a roughly one-cent range around the 67 handle. READ MORE Over the past week, a series of high impact economic data and events weighed on both the British Pound and the US Dollar. READ MORE EUR/USD remains in an ascending trend channel after challenging the lower bound earlier this month ahead of the collapse of SVB Financial.  READ MORE The Japanese yen looks set to retest its January high against the US dollar amid worries regarding the stability of the European financial sector and hopes that the US Fed is closer to a peak in rates. READ MORE US indices returns fluctuated wildly during what's has been a rather turbulent week once more for global markets. READ MORE Top news headlines are often dominated by the release of gross domestic product (GDP) figures and for good reason. READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level. LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment. LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets. LEARN MORE

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