US Treasury yields popped higher after the release and continued to move higher through the Asian session and into Europe. Get your market update from nickcawley1 here:
moved slightly higher post-release but with rate hikes in the US already fairly well priced into the market, the move was fairly muted.
The daily EUR/USD chart shows the sustained sell-off in the pair since mid-May with a series of lower highs and lower lows noticeable and intact. There is also a basic The number of traders net-long is 9.37% lower than yesterday and 1.38% higher from last week, while the number of traders net-short is 11.86% higher than yesterday and 3.35% higher from last week.
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