No problem. US stocks move higher and yields lower after PPI/claims ...Middle East

In the US debt market, the two year is down -4.1 basis points at 4.325%. The 10 year yield is down -5.6 basis points or 4.577%.

S&P index up 11.78 points.Dow industrial average of 79 points.NASDAQ index up 93 points.

The EURUSD Initially moved lower toward the 50% midpoint of the move down from the January 24 high at 1.0371. The prices trading back toward 1.0400. The 50% midpoint of the EURUSD range since 2022 is at 1.0405. Get above those levels should give the buyers more confidence.

The USDJPY is now trading to new session lows after bouncing toward 154.00 and finding sellers. The pair is testing a swing area between 153.26 and 153.46. There is a cluster moving averages starting with the 200 hour moving average at 153.078. Below that is the 100 day moving average at 152.995, and then the 100 hour and 200 day moving average near 152.75.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about no problem us stocks move higher and yields lower after ppi claims was published today ( Thursday 13/02/2025 - 04:46 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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