USD, yields move higher, stocks lower after Powell says another cut is far from assured
US yields have moved higher with the 10 year yield now up 6.6 basis points at 4.048%. Stocks have move lower with the Dow industrial average and the S&P now negative. The NASDAQ index did go into negative territory but is bouncing back and trades up 0.40% and volatile tradingFed Powell says that a December cut is not assured.EURUSD: The EURUSD fell below the 100 and 200 hour moving averages near 1.1633.
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