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Non-US dollar currencies generally rose, with the British pound (GBP/USD) rising nearly 50 points in the short term, the US dollar (USD/JPY) falling nearly 60 points in the short term, and the euro (EUR/USD) rising nearly 40 points in the short term.

2026-07-02

Non-US dollar currencies generally rose, with the British pound (GBP/USD) rising nearly 50 points in the short term, the US dollar (USD/JPY) falling nearly 60 points in the short term, and the euro (EUR/USD) rising nearly 40 points in the short term.

Other News
2026-07-02

Federal Reserve's Daly: U.S. housing inflation is declining.

Federal Reserve's Daly: U.S. housing inflation is declining.
2026-07-02

Interest rate analyst Ira Jersey stated, "The weaker-than-expected June nonfarm payroll report, especially the downward revision of the previous figure, triggered a bullish steepening of the US Treasury yield curve, which we see as reasonable because

Interest rate analyst Ira Jersey stated, "The weaker-than-expected June nonfarm payroll report, especially the downward revision of the previous figure, triggered a bullish steepening of the US Treasury yield curve, which we see as reasonable because it implies a reduced likelihood of a rate hike in the near term. The TIPS curve should also show a bullish steepening, as real yields will adjust to market expectations of a recent slowdown in economic growth."
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