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Market Impact: 0.25
Dollar Slips Before the Treasury’s Buyback Operation
Source: Nasdaq
Currency & FXCredit & Bond MarketsSovereign Debt & Ratings
The U.S. dollar index fell 0.15% to a 2.5-week low ahead of the Treasury's announcement of the size of Thursday's long-term Treasury buyback. Anticipation of the buyback is described as bearish for the dollar, creating near-term pressure in FX markets.
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mildly negative
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