The US dollar (USD) remains stable, trying to stabilize against most of the G10 currencies and recovering part of its recent weakness against JPY, Sek, Aud and NZD as we approach the NA session on Wednesday. The widest markets are celebrating the announcement of the commercial conversations of Treasury Besent with the Vice Prime Chinese Minister He Lifeng in Switzerland at the end of this week, says Shaun Osborne, head of Strategy of FX de Scotiabank.
Usd stable, stronger against JPY, Sek, Aud and JPY before Wednesday’s Fed
“The conversations are scheduled for Saturday and Sunday and it is said that they are destined to the de -scal specifically in relation to the United Kingdom.
“The 10 -year bonus yu yu.u. continues to consolidate in an adjusted range just above 4.30%, with the 2 -year -old just above 3.80%, while both wait Powell and the tone that adopts in relation to the prospects for growth and inflation in the context of commercial tensions and constructive developments that have taken place in the last month approximately.
“Looking beyond the rate market, oil prices seem to remain well supported as they tentatively extend their recent recovery from the descent promoted by the OPEC of the weekend. Copper prices initially celebrated the announcement of commercial conversations between the US Weak after a spectacular two -day recovery that delivered a new record closure above 3400 $/OZ.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
