US recap: Dollar slips as investors eye overseas markets
Adds bullets with links
USD/JPY consolidates ahead of LDP elections
AUD/USD-Bid for riskier assets trumps US yield influence
Sept 26 (Reuters) -The dollar fell broadly Thursday as investors pivoted toward overseas markets after the Swiss National Bank cut its policy rate and the Chinese government pledged fiscal spending to meet its growth target.
The greenback fell even as Treasury yields edged up following a series of Fed speakers and solid U.S. economic data.
The franc rose following the SNB cut of 25 basis points and hinted at more cuts, if necessary.
Federal Reserve Governor Michelle Bowman said the Fed's discount window is for emergencies and she would like a Fed balance sheet as small as possible.
The offshore yuan rallied 0.8% and is on pace to close below 7.00 for the first time since May 2023.
Reuters sources say China will issue $284 bln of sovereign debt this year to help revive the economy.
Policy doves at the European Central Bank are preparing to fight for an interest rate cut next month, sources told Reuters.
Oil slumped amid reports the Organization of the Petroleum Exporting Countries and its allies will go ahead with a planned oil production increase in December.
The yen slid to a new September low versus the pound and Aussie dollar with overnight volatility in the Japanese currency elevated ahead of LDP elections Friday.
Treasury yields rose 1-6 basis points as the curve flattened. The 2s-10s curve was down about 4 basis points to +18.6bp.
The S&P 500 rose 0.29% and appeared on track for a record close.
WTI slid 3.23% after the OPEC+ production news and earlier FT report about Saudi Arabia possibly boosting supply.
Gold rose 0.54% and was near a record high.
Copper jumped 3.56% following China’s announcement of government stimulus.
Heading toward the close: EUR/USD +0.44%, USD/JPY -0.01%, GBP/USD +0.73%, AUD/USD +1.08%, DXY -0.38%, EUR/JPY +0.35%, GBP/JPY +0.77%, AUD/JPY +1.03%.
For more click on FXBUZ
Editing by Burton Frierson
Reporting by Robert Fullem
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
