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Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month
The US dollar is mostly softer today. The only G10 currency that has not gained on it today is the Swedish krona, which is nursing minor losses. Still, the tone is one of consolidation and this may persist through the North American session, ahead of tomorrow US employment report. The median forecast in Bloomberg's survey has crept up to 215k. Most emerging market currencies have also gained on greenback, but the South Korean won. The failure of the French government to survive the confidence vote yesterday has not unsettled the markets. The euro is trading near a three-day high and the French 10-year premium over ... (full story)
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- Dec 5, 2024 8:43am Dec 5, 2024 8:43am
- dildobaggins
- | Joined Aug 2022 | Status: Member | 74 Comments
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