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Asia Morning Bites
Global Markets: After all the recent volatility, Friday was a quiet day for US Treasuries. The 2Y Treasury yield declined by just 0.2 basis points, while the 10Y rose 3.9bp and is now 4.10%. EURUSD was also fairly subdued and is 1.0925, only slightly lower than at this time on Friday. It was a similar story for most of the G-10, though the JPY has weakened a little further to 149.30. Asian FX had a mostly positive day on Friday, led by the SE Asian currencies. USDCNY is also a little lower at 7.0668. USDINR has pushed up through 84 and is now 84.0712 – a small move but a noteworthy one when you consider how tightly ... (full story)
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- Posted: Oct 13, 2024 8:42pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,449
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