United States 7-Year Note Auction fell from previous 4.399% to 3.859%
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AUD/USD churns around 0.6850 heading into the year-end
The AUD/USD briefly touched multi-month highs just below 0.6900 in early Thursday trading before settling back to cycle near 0.6850 as markets churn in the second-last trading day of 2023, with US Dollar flows setting the tone for the broader market.
S&P 500 crawls higher, but will bulls win the next round?
The S&P 500 index reached yet another new local high yesterday, briefly surpassing the 4,785 level.
United States 4-Week Bill Auction climbed from previous 5.265% to 5.325%
United States 4-Week Bill Auction climbed from previous 5.265% to 5.325%
USD could further stay under pressure for the coming months ahead – OCBC
Fed’s explicit pivot further reinforces OCBC Bank’s sell-on-rally view on the US Dollar.
United States EIA Crude Oil Stocks Change below expectations (-2.704M) in December 22: Actual (-6.911M)
United States EIA Crude Oil Stocks Change below expectations (-2.704M) in December 22: Actual (-6.911M)
USD/CNY likely to grind even higher before peaking out in 1H24 – SocGen
Economists at Société Générale expect the USD/CNY pair to rise a bit more before starting a gradual decline.
Silver Price Analysis: XAG/USD trades neutral after negative US Jobless Claims
In Thursday's trading session, the Silver price (XAG/USD) trades neutral at about $24.20.
United States EIA Natural Gas Storage Change registered at -87B, below expectations (-79B) in December 22
United States EIA Natural Gas Storage Change registered at -87B, below expectations (-79B) in December 22
US Dollar has wild ride in last few trading days of 2023
The US Dollar (USD) took another nosedive in Asian trading on Thursday. The opening gap against the close from Wednesday was not a positive sign for the Greenback in the US Dollar Index (DXY). Though just minutes after the US opening bell,