CA - Consolidative Tuesday
2024-05-21 07:10:00 ET
Summary
- The dollar is consolidating but with a somewhat heavier bias today.
- The MSCI Asia Pacific Index snapped a seven-day rally, and Hong Kong shares and the mainland shares that trade there led the region lower with a 2% drop.
- The 10-year US Treasury yield is off almost two basis points to 4.42%.
Overview
The dollar ([[DXY]], [[USDOLLAR]]) is consolidating but with a somewhat heavier bias today. The G10 currencies are firmer, but for the New Zealand and Canadian dollars, which are slightly softer. Most emerging market currencies are also firmer, except for a handful of Asian currencies. The news steam is light....
Consolidative Tuesday