The dollar stabilizes with the rise in US Treasury yields

The dollar index, which measures the performance of the US currency against a basket of currencies, settled at 104.28, after the rise in long-term US Treasury yields last night, and the decline of initial optimism about China easing Corona restrictions and opening the economy.

The pound rose 0.19% to $1.2040, but it was not far from its three-week low of $1.1993 last week.

The euro also increased 0.15% at $1.0628, and the Japanese yen rose nearly 0.5% to 133.83 yen per dollar, while the offshore Chinese yuan rose slightly to 6.9932 per dollar.

The Australian dollar rose 0.16% to $0.6751, while the New Zealand dollar advanced 0.33% to $0.6331.