WBC News: FOREX-Dollar languishes amid lower U.S. yields as recession fears mount - 23rd Jun 2022, 12:29pm

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By Kevin Buckland

TOKYO, June 23 (Reuters) - The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to a fourth day, hurt by Treasury yields wallowing near two-week lows amid rising concerns of a recession.

The dollar index, which measures the currency against six key rivals, slipped 0.1% to 104.12, bringing its decline since Friday to 0.46%. It has fallen 1.56% from the two-decade peak of 105.79 reached on June 15, when the Federal Reserve ...

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