The dollar falls after the fall of US long-term bond yields

The US dollar fell again on the European market on Tuesday against a basket of world currencies, the second loss in three days, reaching its lowest level in two weeks, accompanied by the decline in US bond yields over the past decade The US economy is expected to release preliminary data on major industry and service sectors in July.

The dollar index fell 0.2% at 12:15 GMT, trading at 94.23 points, the opening level of 94.40 points and the highest at 94 , 62 and the lowest at 94.18.

The index closed yesterday up 0.2%, after recording a two-week low of 93.96 points, supported by higher yields of US long-term bonds. US 10-year yields jumped on Monday to a five-week high on Monday, despite US President Donald Trump's criticism of the impact of the dollar's strength and the Federal Reserve's policy on the US dollar. ;economy.

US bond rates fell on Tuesday after five weeks of correction and profit taking as investors continued to evaluate developments on trade disputes between the US, the European Union and the United States. China.

The US economy is expected to publish today important data on key industry sectors and services, which provide strong indicators of the pace of US economic growth in the third quarter of this year.

Preliminary reading of the Manufacturing Purchasing Managers Index (PMI) is expected to rise by 55.4 points in June from 55.1 points in June, while the PMI services sector index forecasts 56.5 points