Markets Core bonds took a breather after surging on a slightly slower-than-expected US CPI yesterday. US yields still drop a few bps at the front end of the curve but are trading flat further out. USTs outperformed Bunds. German yields gapped lower at the open but immediately headed north with news of the country planning […]
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Daily Pivots: (S1) 182.16; (P) 182.69; (R1) 183.51; More… EUR/JPY edged lower to 181.85 but quickly recovered. Intraday bias stays neutral first. On the downside, below 181.85 will target 180.78 support. Decisive break there will Read more…
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Daily Pivots: (S1) 0.8621; (P) 0.8636; (R1) 0.8653; More… EUR/GBP is staying in consolidations above 0.8615 and intraday bias remains neutral. Further decline is expected as long as 55 D EMA (now at 0.8691) holds. Read more…