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No Turn Around Tuesday as Greenback Remains Firm

July 02, 2024
Taking the next few days off.  Will be back with week ahead commentary on  July 6.  

Overview: The sharp jump in US long-term interest rates has helped lift the greenback in recent sessions and it remains firm against most of the G10 currencies today. The Canadian dollar is the best performer, and it is nearly flat. The intraday momentum indicators…
No Turn Around Tuesday as Greenback Remains Firm No Turn Around Tuesday as Greenback Remains Firm Reviewed by Marc Chandler on July 02, 2024 Rating: 5
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Sigh of Relief Lifts French Markets, But...

July 01, 2024
Overview: The market feels a bit more at ease after the first round of the French elections that extreme policies will be avoided by an effort to deny the National Rally a legislative majority. French stocks have recouped some of their recent losses and the euro reached $1.0775, its best level since June 13. The yen remains soft after the Tankan s…
Sigh of Relief Lifts French Markets, But... Sigh of Relief Lifts French Markets, But... Reviewed by Marc Chandler on July 01, 2024 Rating: 5
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