A hot US CPI briefly sent the 10-year yield to 5.329% and DXY to 102.945, but both reversed sharply as AI financing fears hit CoreWeave, Oracle and Asian tech stocks—with the Dollar notably failing to catch a haven bid as yields retreated toward 5.10% and 101.285 becomes the next technical level to watch.
The post AI Credit Fears Eclipse Hot CPI as Treasury Yields Reverse and Dollar Loses Haven Bid appeared first on ActionForex.
Employment: –39.3k (from +29.3k). Unemployment Rate: 4.7% (from 4.7%). Participation Rate: 66.8% (from 67.0%). Click here for: Westpac Chart Pack – September Labour Force Employment fell 39.3k in September, well short of market and Westpac Read more…
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Australia’s labour market delivered a sharp downside surprise in September, with employment swinging from a gain of 39,500 to a loss of 39,300, against expectations for an increase of 20,000. The unemployment rate held at Read more…