The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?
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The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?
from DailyFX – Market News https://bit.ly/3EqlAaH
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US indices started the week on a more subdued tone, with a jump in oil prices to a new 10-month high not providing much reassurances for the global inflation outlook.
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AUD after the Australian economy slowed in the second quarter, reinforcing the view that the RBA is done with hiking interest rates. What is the outlook for AUD/USD?
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The US Dollar raced to new heights overnight with Treasury yields pushing north, exasperating the spread to JGBs. If the gap widens, will USD/JPY make a new peak?
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AUD/USD sinks and flirts with major breakdown following disappointing data from China. Market positioning indicates the potential for further declines in the near term.
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