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The GBP is the strongest and the USD is the weakest as the NA session begins

After a long holiday weekend in a number of countries on Monday, and a conclusion of the debt ceiling negotiations over the weekend, the GBP is the strongest and the USD is the weakest at the start of the North American session. US yields are lower despite the thought that the Fed is more inclined to now tighten especially after the higher core PCE inflation on Friday (the Fed's favored measure of inflation, but they may skip too and revisit in July). Stocks are mixed with the Dow trading above... Read More

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Posted: May 30 2023, 12:15

Author Name: forexlive

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