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Light US economic calendar kicks off the week
Risk trades are solid out of the gate but trading is light in the FX market with the UK on holiday. The US dollar is edging lower and Australian dollar creeping higher at the moment but it's all within the daily ranges.Yields are slipping 1-4 bps across the curve in a bull flattener and that could drive the rest of the market today, especially with 2-year and 5-year Treasury note auctions to come.In terms of economic data, it's light with only the August Dallas Fed manufacturing survey to come...
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Posted: Aug 28 2023, 12:50
Author Name: forexlive
Views: 112368