Week Ahead: Tug-of-War between Softer US Rates and Safe-Haven from Escalating Middle East War | Metals Mine

  • Week Ahead: Tug-of-War between Softer US Rates and Safe-Haven from Escalating Middle East War

    From marctomarket.com

    The US dollar fell against all of the G10 currencies last week but the Japanese yen. The softer than expected US CPI and PPI saw the US two-year yield fell by nearly eight basis points. As we show below, in current context, several of the dollar pairs are very sensitive to the changes in short-term US rates, or the like Canadian dollar, the two-year rate differential. Still, as the Middle East war re-escalated, the greenback seemed to catch a safe haven bid. In addition, the pressure on equities, especially in the Ai and tech sector continue to come under strong profit-taking pressures. It is widely recognized that ... (full story)

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Polimini
26 hr ago
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Hard to see a safe haven anywhere right now.
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Trader#1FB5
21 hr ago
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Swiss
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Ricardo00989
16 hr ago
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That's true, but what do you think about the gold?
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