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via fxstreet.comEconomy

US Dollar: lower yields pressure USD after Democratic sweep, says Danske Bank

FROM THE WIRE · FXSTREET.COM

Danske Research Team highlights that broad USD weakened as US bond yields declined following the Democratic sweep in the US midterms and a sharp fall in energy prices.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFalling US bond yields and energy prices directly weigh on the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Danske Research notes broad USD weakness.
  2. 02US bond yields declined after the Democratic sweep in the midterms.
  3. 03A sharp fall in energy prices weighs on the picture.

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