FX News these days

FOMC minutes of the Gregorian calendar month meeting were a bit anti-climactic following Fed Chair Powell’s testimony. However, there have been “many” indications that a better policy stance was the additional desired outcome.

10-year Treasury yields born -2.3 bp to 2.039% long, and reopened soft, stopped at a pair of.064% tailing out from the two.057%

US stocks rise, yields drop, Powell’s testimony supported rate cut expectations.



The S&P five hundred in short flat-topped the 3000 mark for the primary time, however the index didn’t manage to carry these levels as stocks usually came off highs.

USD lower as Powell signals July FOMC rate cut.

The WTI future is mercantilism at $60.57 per barrel, amid reports that Iranian boats tried to “impede” the passage of a British tanker.

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