Skip to content
Subscriber Only

Dollar Falls With U.S. Yields as Brexit Concern Spurs Safety Bid

  • Traders awaiting May’s speech Tuesday about U.K. Brexit plans
  • Greenback slides seventh day versus yen, reaches one-month low
Video player cover image

Is Trump Torn Between a Strong and Weak U.S. Dollar?

Updated on

The dollar fell as Treasury yields declined following a long weekend with investors seeking safety amid concern the U.K. is heading for a so-called hard Brexit.

The greenback dropped for a seventh day against the yen, the longest losing streak since June, and declined against all its Group of 10 peers. The U.K. is likely to pull out of the European Union’s single market for goods and services and seek a new trading relationship with the bloc, Prime Minister Theresa May will say Tuesday, according to a person familiar with the matter.