FX News these days

Risk aversion continues to prevail as USA Treasuries, JPY , CHF and Gold stay in Bid mode

Treasury yields did return off highs and also the 10-year yield protected a pair of.9 bps to 2.100%, once risk aversion and comments from Fed’s Bullard, World Health Organization aforesaid a rate cut could also be “warranted soon”, underpinned rate cut speculation and recent gains in Treasuries yesterday.



The RBA cut rates to record lows, of course. The latter helped the ASX to exceed in Asia and move up zero.25%, however elsewhere stock markets were remained struggling throughout the Asian, once the data system closed with a loss of -1.6%yesterday amid commerce within the likes of Facebook and Amazon, speculatively of antimonopoly probes once the USA DoJ and also the Federal Trade Commission united to separate up oversight of school giants.

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