📈Risk Supported On FOMC, NOK And AUD Gain: Cable FX Macro
- Rosbel Durán
- Sep 19, 2024
- 1 min read
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Risk was bid across the board as the S&P 500 Index rallied 1.7% on the day, however, there was notable outperformance from the european stocks
High beta FX was bid, the Australian dollar posted gains of 0.7% vs the U.S. dollar, the Norwegian Krone rose 0.9% after the Norges Bank kept rates steady
Sovereign debt was offered following jobless claims, the BoE, and the Norges Bank decision. Norwegian rates underperformed with front-end yields rising double-digits
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