Markets US president-elect Trump so far didn’t push back against rumours that any possible tariffs would be gradually installed. European stock markets lost some intraday momentum but still managed a 0.5% positive close. The bear steepening of European yield curve continued as well with EU swap rates adding 3.7 bps (2-yr) to 5.5 bps (30-yr) […]
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Daily Pivots: (S1) 1.0261; (P) 1.0286; (R1) 1.0333; More… EUR/USD’s recovery from 1.0176 extends higher today but stays below 1.0435 resistance. Intraday bias remains neutral while further decline is still expected. On the downside, break Read more…
Dollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering a degree of relief to traders and investors. Treasury yields also retreated, with the 10-year Read more…
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