CAD/JPY on the brink as risk-off sentiment continues to dominate 0 (0)

CAD/JPY contests key daily support at 85.42
We’re back here once again for CAD/JPY after the warning from earlier today .
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With oil pressured down by 2% to $70.50 and 10-year Treasury yields marked down by 4 bps to 1.33%, the pressure is on as sellers look to make the most of the situation and go in

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10 year yield test the swing highs from August and September, but stalls the 0 (0)

Yield up from 1.344% a week ago
Looking at the week, the yield move down on Monday and Tuesday bottoming near the September low around 1.267% (the low yield reach 1.263%). The last three trading days has seen a move to the upside on each successive day. Today the high yield reached 1.385%. That equaled the

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White House economic adviser downplays risks over debt ceiling standoff 0 (0)

The US government is anticipated to default on payment obligations possibly some time in October
This is one risk that perhaps the market is largely ignoring, mainly because more often than not it is a political standoff that eventually gets sorted out because let’s be real, politicians themselves perhaps have more to lose than the working

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