Sunday, 30 July 2023

US Dollar Gains as Yields in JGB and Treasury Markets Rise. Where to for USD?

The US Dollar grabbed the higher ground again today with Treasury yields joining JGBs at a higher level. A firm China PMI read also helped growth-aligned assets in the region. Higher DXY?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...