Wall Street treads water ahead of US data; dollar pressured by yen, yuan

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Key Points

NEW YORK (Reuters) -U.S. stocks were mixed at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data...

The dollar dipped as the risk of yen intervention loomed and it came under pressure from Chinas government-supported yuan rally...

On the heels of the best week of the year last week, stocks are taking a bit of a breather today, with the inflation data set to come out later this week, said Ryan Detrick, chief market strategist at Carson Group in Omaha...

After the U.S. Federal Reserves decision last Wednesday to leave its key policy rate unchanged, and its dot plot still reflecting expectations for three cuts to that rate this year, markets are looking ahead to Fridays Personal Consumption Expenditures (PCE) report due from the Commerce Department...

The incredible demand for bitcoin continues as the new ETFs continue to see very strong flows, Detrick said.. Treasury yields edged higher after the $66 billion auction of two-year notes as markets got used to the idea of the Fed cutting interest rates three times this year...

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