ACTV - Calmer Markets To Start The New Week
2024-06-17 07:45:00 ET
Summary
- The US dollar is firmer against most G10 currencies to start the new week.
- Most emerging market currencies are firmer, but for a few Asia-Pacific currencies, including those of China, South Korea, and Taiwan.
- European benchmark yields are paring last week's decline with modest gains of no more than two basis points.
Overview
The US dollar ([[USDOLLAR]], [[DXY]]) is firmer against most G10 currencies to start the new week. The euro is a notable exception. It is only slightly higher but confined to a narrow range around $1.07. On the other hand, most emerging market currencies are firmer, but for a few Asia-Pacific currencies, including those of China, South Korea, and Taiwan. The Mexican peso is consolidating, but it is also lower on the day. The tone is largely consolidative....
Calmer Markets To Start The New Week