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Forexlive Americas FX news wrap: Yields and dollar spike after terrible bond auction

US September CPI +3.7% y/y versus +3.6% y/y expectedUS initial jobs claims 209K versus 210K estimateUgly Treasury auction sends the dollar even higherFed's Collins: Bond yield rise likely reduces need for near-term Fed hikeMore from Fed's Collins: Resilient economy means higher rates for longerTimiraos: Good news...Core inflation has slowed. Bad news... Inflation settling at 3%EIA weekly US oil inventories +10176K vs +492K expectedEIA weekly US natural gas storage +84 bcf vs +88 bcf expectedG7... Read More

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Forexlive

Americas

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Wrap

Yields

Dollar

Spike

After

Terrible

Auction

Forex

Posted: Oct 12 2023, 21:00

Author Name: forexlive

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