- The resilience of the US Dollar is evident despite market expectations for dovish movements as continuous gains are noted.
- The Fed has reported generally stronger US data with Fed officials erring on the side of caution against easing too furiously or prematurely.
- Jerome Powell was on the wires earlier in the sessions but didn’t provide any highlights. Barr and Bostic will deliver speeches during the American session.
- US Treasury bond yields are declining with the 2-year trading at 4.60%, the 5-year at 4.19%, and the 10-year at 4.21% with all three seeing sharp declines.
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