We continue to see high volatility in the US sovereign papers near important psychological levels where investors are invited to decide what to do next. In this respect, the US 10-year yield shortly crossed above the 5% psychological mark yesterday, then retreated sharply in a move that was qualified by a large short covering after […]
The post US Treasuries Rebound and Oil Retreats, But Underlying Risks Remain the Same appeared first on Action Forex.
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The Australian dollar continues to strengthen, pushing to fresh 2021–2022 highs, supported by a combination of the Reserve Bank of Australia’s tight monetary stance and a weaker US dollar. This week’s rate hike by the Read more…
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