2024-09-25 07:01
业内The CAD is the strongest and the JPY is the weakes
As the North American session begins, the CAD is the strongest and the JPY is the weakest. The USD is mixed to start the day with US stocks marginally higher and yields continuing their run to the upside despite the Fed rate cut of 50 basis points last week to recalibrate rates given the inflation trends. The market is now pricing in a 50/50 chance for 50 basis points in November. The 10-year yield is now up 18 basis points from a September 16 low and working on its 6th straight day higher. Crude oil is higher. Gold is modestly lower after closing at another record level yesterday as tension in the middle east heat up.
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The CAD is the strongest and the JPY is the weakes
| 2024-09-25 07:01As the North American session begins, the CAD is the strongest and the JPY is the weakest. The USD is mixed to start the day with US stocks marginally higher and yields continuing their run to the upside despite the Fed rate cut of 50 basis points last week to recalibrate rates given the inflation trends. The market is now pricing in a 50/50 chance for 50 basis points in November. The 10-year yield is now up 18 basis points from a September 16 low and working on its 6th straight day higher. Crude oil is higher. Gold is modestly lower after closing at another record level yesterday as tension in the middle east heat up.
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