🚨🚨🚨Big News 🚨🚨🚨 Today is NFP News, The dollar is keeping steadier after a slight retreat yesterday as the greenback continues to keep in a state of flux this week with little help from Treasury yields in general
10-year yields are little changed, holding around 1.566% as the Fed helped to temper inflation fears in the bond market. But today's non-farm payrolls report News may be one to watch in case wages also help to rebuff the inflation narrative.
NFP news reflation focus helps to see rotation play out of tech in the event higher yields start to become a worry.
higher commodity prices and the BOC tightening policy, there's little to not like with the loonie besides being stretched from a technical perspective. Meanwhile, gold also saw a strong breakout above $1,800 and its 100-day moving average as buyers try to attempt for an upside push. While investor appetite is still subdued, it is hard to fight the technicals for this one
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