Markets US bond yields surged after having had the day off on Monday for Veteran’s Day. Net daily changes varied between 8.7 and 13.1 bps across the curve spectrum as President-elect Trump’s reflationary politics continue to reverberate. Expectations for a (much) looser fiscal policy lift those for US growth at a time when CPI inflation […]
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Daily Pivots: (S1) 196.89; (P) 197.35; (R1) 198.05; More… Intraday bias in GBP/JPY remains neutral as range trading continues below 199.79. Further rally is expected as long as 55 D EMA (now at 195.24) holds. Read more…
Daily Pivots: (S1) 163.65; (P) 164.23; (R1) 164.82; More…. Intraday bias in EUR/JPY remains neutral for consolidations above 163.19 temporary low. On the downside, sustained trading below 55 D EMA (now at 163.44) will argue Read more…
Daily Pivots: (S1) 0.8299; (P) 0.8322; (R1) 0.8337; More… Intraday bias in EUR/GBP stays neutral and more consolidations could be seen above 0.8259 temporary low. But further decline is expected as long as 0.8446 resistance Read more…