US Dollar Stable Despite Rising Yields; Fragile Risk Appetite Limits Upside
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US Dollar remains broadly stable despite elevated yields providing support
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Q3 GDP growth expected to accelerate to 4.1%, but may need to reach 5% to prompt significant USD gains
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Higher yields pose challenges for risk assets and could dampen risk appetite
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Rate of GDP growth expected to slow in Q4 after rebound in Q3
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MUFG analysis suggests fragile risk appetite limits upside for yields and Dollar
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