Here is what you need to know on Wednesday, October 4: The US Dollar continues to outperform its rivals mid-week as US Treasury bond yields keep on cl
Here is what you need to know on Wednesday, October 4:holds at multi-month highs above 107.00 and the 10-year US yield closes in on 4.9% in the European morning. ADP private sector employment and ISM Services PMI data for September, alongside August Factory Orders, will be featured in thein the second half of the day. Market participants will continue to keep a close eye on comments from central bankers as well.
During the Asian trading hours on Wednesday, the Reserve Bank of New Zealand announced that if left the policy rate unchanged at 5.5% as expected. “Committee agreed that interest rates may need to remain at a restrictive level for a more sustained period of time," the If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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