WTI crude oil up $0.47 to $73.97US 10-year yields down 2 bps to 4.37%S&P 500 down 0.2%Gold down $4 to $3366EUR leads, AUD lags.
There was some back-and-forth in most markets today as traders weighed the risks of holding positions over the weekend. In general, there was a move towards safe haven assets, including a nice rebound in gold prices early in US trade. The dollar was generally stronger despite some surprisingly-dovish comments from Waller.
The euro outperformed on the day and it climbed all the way to unchanged on the week before giving back some late amid broad USD strength. The dollar was even strong against the yen, where it rose to the highest since Tuesday, and fractionally below the highs of the week.
The week ahead is a light one in terms of economic data, with only the US PCE report as a major highlight. That will put the focus on the trade war, the Iran war and the Federal Reserve, which has emerged from its blackout.
Have a great weekend.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about forexlive americas fx news wrap waller pushes for sooner rate cut eyes on iran was published today ( ) 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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