EUR/NOK-Commentary
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November 8, 2024 7:59 AM UTC
The rise in US yields and the USD after the election have largely been reversed, but equities remain elevated and commodity currencies have outperformed. But the CAD remains vulnerable if today's employment report is weak.
August 5, 2024 6:54 AM UTC
The big risk unwind continued overnight, and safe haven currencies surged once again, with the JPY and CHF the best performers, while the commodity currencies suffered. From here much will depend on the US equity market peformance this afternoon. From a value perspective, JPY strength is justified,