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The market mood remains fairly mixed so far today

The start of the session looked to be one that was softer for risk trades, but then equities recovered some ground and the dollar slipped. And while most of that is still holding, we are seeing Treasury yields keep lower and in the commodities space, precious metals and now oil are not having a good day out it would seem.10-year yields are down 4.7 bps to 3.460% at the lows for the day and that is taking down USD/JPY to 135.70 at the moment. Meanwhile, WTI crude has turned negative to be down 0... Read More

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Content Topics

Market

Mood

Remains

Fairly

Mixed

Today

Forex

Posted: May 16 2023, 09:38

Author Name: forexlive

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