Forex

Deputy Treasury Secretary Faulkender: US Greenback to stay the world's reserve forex

United States (US) Deputy Treasury Secretary Michael Faulkender hit newswires on Tuesday, noting that regardless of ongoing market tensions and investor issues about US financial stability, demand for US Treasuries and US Greenback demand stay excessive.

Key highlights

The Treasury 10-year public sale right now went unbelievable.

The (US Greenback) will proceed to be the world reserve forex.

I’m not seeing any points within the Treasury market.

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