Forex Today: US Dollar on the back foot, despite a better mood

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Forex Today: US Dollar on the back foot, despite a better mood
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Forex Today: US Dollar on the back foot, despite a better mood – by ValBednarik EURUSD XAUUSD BOJ Inflation Equities

plummeted to 130.55, its lowest since early August, and now trades at around 131.50 while heading into the Asian opening.while European indexes also closed in the red, but managed to trim most of their intraday losses.Meanwhile, US Treasury yields advanced, although that on the 10-year note did it at a faster pace than the one on the 2-year one. The yield curve remains inverted, but the distance is shrinking.was unable to advance beyond 1.

The USD/CAD pair finished the day in the red at around 1.3610, with the CAD underpinned by higher oil prices. WTI settled at $76.25 a barrel.on the broad US Dollar weakness, and currently trades at $1,816 a troy ounce.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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