Decent gains by commodity currencies

Feb 28, 2022 | Currency, Economy, Money Market

Risk sentiment improved considerably on Friday night as the market digested developments on Russia’s invasion of Ukraine, notes BNZ Markets. US and European equities surged in the order of 2-3%. Germany’s 10-yr rate rose 6bps, while the US 10-year rate closed flat. Senior markets strategist Jason Wong says, “The USD was broadly weaker, while commodity […]

 


 

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