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The SNB and BOE are in the spotlight in European trading

Major currencies are not showing much appetite so far today but the dollar was somewhat softer in trading yesterday. That comes against the backdrop of softer equities once again with bond yields retreating in the US session as well.There is a consistent theme throughout the week so far and it is one that suggests a risk rotation play. The flows could possibly be month-end and quarter-end driven, as money moves from stocks to bonds. The S&P 500 is down 1% on the week now, with a three-day losing... Read More

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Posted: Jun 22 2023, 04:32

Author Name: forexlive

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