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Here is what you need to know on Monday, November 25: The US Dollar (USD) Index opened with a bearish gap after closing the previous week in positive territory. IFO business sentiment survey from Germany will be featured in the European economic docket. Later in the day, Chicago Fed National Activity Index and Dallas Fed Manufacturing Business Index from the US will be looked upon for fresh catalysts. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Euro.   USD EUR GBP JPY CAD AUD NZD CHF USD   -0.61% -0.53% 0.22% -0.10% -0.26% -0.06% -0.11% EUR 0.61%   -0.09% 0.21% -0.08% 0.28% -0.03% -0.08% GBP 0.53% 0.09%   0.31% 0.01% 0.37% 0.06% 0.01% JPY -0.22% -0.21% -0.31%   -0.30% -0.03% -0.20% -0.12% CAD 0.10% 0.08% -0.01% 0.30%   -0.01% 0.05% -0.03% AUD 0.26% -0.28% -0.37% 0.03% 0.00%   -0.30% -0.35% NZD 0.06% 0.03% -0.06% 0.20% -0.05% 0.30%   -0.05% CHF 0.11% 0.08% -0.01% 0.12% 0.03% 0.35% 0.05%   The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). News of Donald Trump selecting fund manager Scott Bessent as the US Treasury Secretary triggered a sharp decline in US Treasury bond yields as the weekly opening and caused the USD to come under pressure. At the time of press, the benchmark 10-year US Treasury bond yield was down more than 1.5% on the day below 4.35% and…

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Filed under: News - @ November 25, 2024 7:14 am