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19:27
The US Dollar Index drops by 0.2%
The Bloomberg US Dollar Index fell by 0.20% to 1,199.87 points, with an intraday trading range of 1,206.05 to 1,199.41 points. The US dollar against the Japanese yen fell by 0.16% to 159.26 yen, with an intraday trading range of 159.65 to 159.12 yen.
19:20
Federal Reserve's Musalem says he wants to remove the phrase "bias toward accommodation" from the policy statement
Golden Ten Data reported on May 29 that Federal Reserve's Musalem stated on Thursday that, like several other Fed policymakers last month, he believed the phrase "easing bias" should be removed from the post-meeting statement to create the possibility for rate hikes.
19:11
Citadel Securities: US stocks are in a "tense rally" and the market is expected to have further upside potential
The head of equities and equity derivatives strategy at Citadel Securities stated that as geopolitical sentiment improves, market volatility remains low, and large technology stocks continue to lead gains, investors who have been cautious during most of the prior rebound are being forced to reconsider their positions. In a report to clients on Thursday, Rubner wrote: “The focus of market discussion is increasingly shifting from downside protection to how much cash is still on the sidelines, where the next batch of incremental buyers will come from, and whether systematic capital flows can continue to drive this rally.”
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