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....
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Calmer Markets To Start The New Week