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Dollar sits marginally lower ahead of European trading

For all the anticipation ahead of it, the reaction ended up being a rather tame one. And even more so in the FX market. The dollar was hardly changed at the end of the day, though is now sitting marginally lower. In terms of Fed pricing, there is a slight shift lower in the Fed funds futures curve but nothing too significant.That being said, Treasury yields did move lower accordingly and that is weighing slightly on USD/JPY as it moves back towards the 147.00 mark and is now holding at key near-... Read More

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Dollar

Sits

Marginally

Lower

Ahead

European

Trading

Forex

Posted: Sep 14 2023, 04:19

Author Name: forexlive

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