US Open Preview – Dollar extends rally as US issues new debt; European stocks mixed

Here are the latest developments in global markets: Forex: The dollar continued to stretch higher, breaking slightly above the 107 key-level versus the Yen (+0.51%) and rising towards 89.67 (+0.65%) against a basket of major currencies. Despite risks remaining in the background, including a ballooning US budget deficit and potential policy tightening by other central banks which might attempt to play catch up with the […]