Forex Today: Quiet start to big central bank week – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Markets stay relatively quiet early Monday as investors move to the sidelines to gear up for critical central bank policy announcements later in the week. Following the modest recovery witnessed in the second half of the previous week,continues to fluctuate in a tight channel at around 102.00. The benchmark 10-year US Treasury bond yield holds steady near 3.5% and US stock index futures trade modestly lower on the day.
Meanwhile, the Shanghai Composite Index opened modestly higher following a long break and was last seen clinging to small daily gains. On a negative note, Hong Kong's Hang Seng Index is down more than 2% on a daily basis. China’s Center for Disease Control and Prevention recently noted that the current wave of COVID-19 infections was nearing an end and added that there was no significant rebound in cases during the Lunar New Year holiday.
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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We Asked Buyers to Reveal the Best Spring 2023 Accessories—Here’s What Made the CutThere seems to be a unanimous agreement on quiet luxury handbags.
Read more »
'It's quiet in here now': Saying goodbye to the historic, treasure-packed StarPhoenix newsroomThe shuttering of the StarPhoenix newsroom — reporters will now work remotely on a permanent basis — ends a long history in the location.
Read more »
Weather Authority: Cloudy, chilly, quiet Saturday night ahead of cloudy, mild Eagles gameConditions are cloudy, dry and quiet for Saturday night, as temperatures drop into the 40s.
Read more »
Due to changes in forex and tax rates, Apple adjusts App Store prices in multiple countriesApple is changing App Store pricing in some countries to reflect forex changes and changes in tax policies.
Read more »
Weekly Forex Forecast \u2013Gold, EUR/USD, AUD/USD, S\u0026P 500 IndexThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Read more »
Enoughness: what's between quiet quitting and burnoutInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »