Forexlive Americas FX news wrap 9 May: USD reverses to the downside after weaker claims ...Middle East

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Forexlive Americas FX news wrap 9 May: USD reverses to the downside after weaker claims
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Yellen says inflation has fallen substantially, but not enough for rate cuts yetS&P index closes at its highest level in a monthMexican central bank rate decision: Rates unchanged at 11.0% as expectedMore from Daly: Can't count on productivity to save the US from inflationFeds Daly :Last 3 mos. has left considerable uncertainty about next few mos. of inflationFed's Daly scheduled to be the next Fed official to speak post FOMC decisionThe US treasury auctioned off $25 billion of 30 year bonds at high yield of 4.635%Israels Netanyahu:if we must stand alone, if we must fight w/only our fingernails we shallMore BOEs Pill: in absence of big disturbances to the economy, we will be cutting ratesBO

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