OLOXF - Ho-Hum Market Reaction To U.S.-China Agreement: U.S. CPI And 10-Year Note Auction Next Up
2025-06-11 08:09:00 ET
Overview
The dollar is mostly a little firmer against the G10 currencies, though the euro and Swiss franc are notable exceptions, but barely. US and Chinese negotiators have reportedly reached a joint understanding of the Geneva Agreement, but the impact on the foreign exchange market appears marginal at best. The dollar's consolidative tone against the major currencies seen in recent days remains intact. On the other hand, most emerging market currencies are firmer. Here, the South Korean won is an exception. It is off 0.5% despite the sixth consecutive rally in the Kospi, which has lifted it to three-year highs....
Ho-Hum Market Reaction To U.S.-China Agreement: U.S. CPI And 10-Year Note Auction Next Up