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BOE the main event on the agenda in the session ahead

BOE the main event on the agenda in the session ahead
Both the dollar and Treasury sellers look like they're in to be squeezed right now, after a turn in the bond market yesterday. 10-year yields tumbled by nearly 20 bps after Yellen's hub announced a wave of supply that is less fearful for traders. The greenback dropped as a result and this is keeping things rather interesting ahead of the US jobs report tomorrow. I shared some thoughts here.In other markets, equities look to benefit as the Nasdaq secures a recovery back above its 200-day moving a... Read More
Posted: Nov 2 2023, 05:10
Author Name: forexlive
Views: 091987

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