Rising US Treasury yields reversed lower, allowing silver prices to move higher against a weaker US Dollar.
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Rising US Treasury yields reversed lower, allowing silver prices to move higher against a weaker US Dollar.
from DailyFX – Market News https://bit.ly/2LOLe0v
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The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.
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Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.
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USD/CAD has regained its footing in recent sessions, moving off of lows narrowly above 1.2600. Can the pair continue higher or will USD/CAD soon reverse lower? Technical levels may hold clues.
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Failure to preserve the monthly opening range may lead to a larger correction in NZD/USD amid the ongoing rise in longer-dated US Treasury yields.
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