Markets Core bonds fell yesterday. Underperformance of US Treasuries vs Bunds triggered a technical break in the US 10y yield. The reference added 7.6 bps to 3.93%, surpassing 3.90% (December 2022 correction high) with 3.92% (61.8% recovery on the October 2022 – April 2023 correction lower) following soon. The front-end of the curve added 1-6.1 […]
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The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic Read more…
EURGBP gets rejected near SMAs; technical signals are negative There might be an opportunity for a rebound near 0.8300 Eurozone publishes CPI inflation data at 10:00 GMT EURGBP experienced another failure near its 20- and 50-day simple Read more…
USDCAD posts losses after 4½-year high RSI and stochastics confirm negative move USDCAD is moving lower after the bullish spike to the fresh four-and-a-half-year high of 1.4176, falling beneath the 1.4000 round number. The market Read more…