Today’s Notable Sentiment Shifts
USD – The dollar hit a one-year high on Tuesday on expectations the US Federal Reserve will announce a tapering of its massive bond-buying program next month, and as concerns over soaring energy prices also sent investors to the safe-haven currency.
Antipodeans – AUD and NZD were largely steady on Tuesday as sellers were held at bay by higher commodity prices as well as on spiking bond yields driven by bets that major central banks will tighten policy to curb rising inflation.
Antipodeans – AUD and NZD were largely steady on Tuesday as sellers were held at bay by higher commodity prices as well as on spiking bond yields driven by bets that major central banks will tighten policy to curb rising inflation.