So far this week, FX is relatively calm in the face of a chaotic Treasury market. Economists at Société Générale analyze the FX market outlook. FX vol
So far this week, FX is relatively calm in the face of a chaotic Treasury market. Economists at Société Générale analyze the FX marketUS yields can overshoot any concept of ‘fair value’ in the face of supply, an inverted curve, Fed chants of ‘higher for longer’ and investors who have already ‘bought the dip’ several times several times over.
USD/JPY can’t settle at 150, and nor can EUR/USD settle down at 1.05, any more than 10-year Notes can remain at 4.75% for long. 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. You should do your own thorough research before making any investment decisions.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD gained traction and rose above 1.0500 following a quiet Asian session on Wednesday. The data from the US showed that employment in the private sector increased at a much softer pace than expected in September, weighing on the USD and helping the pair edge higher.GBP/USD extended its daily rebound and advanced beyond 1.2150 on Wednesday.
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