On Wednesday, July 6, 2022, an Auction of 13-week Interest-bearing Bonds of the Greek State will be held, in intangible form, amounting to 625 million euros, expiring on October 7, 2022. The settlement date will be Friday 8 July 2022 (T + 2). Interest rates are calculated on an ACT / 360 time basis. The […]
Tag: Bonds
USD/JPY hits a fresh 24-year high, bulls look to build on momentum beyond 137.00
USD/JPY rose for the fourth day in a row and soared to a new 24-year high on Wednesday. Statements by Federal Reserve Chairman Jerome Powell with a hawkish tone buoyed the dollar and continued to support the move. The decline in US bond yields could be the only factor limiting the pair’s rise. The pair […]
AUD/USD bounces away from two-week lows, holds below 0.6900
AUD/USD trimmed some of its intraday losses to a two-week low, though it lacked follow-through. Falling US bond yields acted as a dollar headwind and offered some support to the pair. Recession fears capped gains in the risk-sensitive Aussie ahead of Fed Chairman Powell’s speech. The pair AUD/USD it stopped its intraday decline near the […]
USD/CAD slides towards 1.2850 amid rising oil prices
USD/CAD attracted fresh selling on Wednesday and fell for the fourth day in a row. Rising oil prices underpinned the loonie and put some downward pressure on the pair. Falling US bond yields capped the dollar and gave it no support ahead of the Fed’s Powell meeting. The pair USD/CAD struggled to capitalize on its […]
USD/JPY remains trapped in a range and consolidates around 136.00 ahead of Powell
USD/JPY does not have a strong directional bias and consolidates its recent gains after hitting a multi-day high. Recession fears benefit the JPY as a safe haven and limit the pair’s gains amid falling US bond yields. Modest dollar strength acts as a tailwind as attention remains on Fed Chairman Jerome Powell’s speech. The pair […]
USD/JPY recovers heading to multi-day highs
A combination of supportive factors pushed USD/JPY higher for the second day in a row. The risk appetite boost, the policy divergence between the Fed and the Bank of Japan, and rising US bond yields extended support. The resurgence in demand for the USD provided an additional boost, taking the pair close to 136.00. The […]
USD/CAD bounces away from two-week lows, rising oil caps gains
The onset of aggressive dollar buying helped USD/CAD trim its intraday losses. Bullish oil prices continued to support the loonie and capped any significant gains. Investors are now waiting for the US economic data to get some short term trade boost. The pair USD/CAD rallied a few pips from a two-week low hit earlier this […]
USD/JPY could hit 140.00 if US yields rise – Rabobank
In the opinion of economists rabbankthe risk of USD/JPY hitting 140.00 in the short term heavily dependent on US yields. Therefore, increases in US Treasury yields will be closely watched. BOJ policy on yield control curve unlikely to change any time soon “Assuming Bank of Japan policy remains unchanged in the near term, the outlook […]
USD/JPY climbs back above 135.00, lacks continuation amid modest dollar weakness
A combination of factors helps USD/JPY reverse Monday’s modest intraday losses. A positive risk tone weighs on the safe-haven JPY amid the monetary policy divergence between the Fed and the Bank of Japan. The weakening of the dollar fails to inspire the bulls or give the pair an additional boost. The pair USD/JPY has attracted […]
Fitch at Capital.gr: The 4 conditions for upgrading Greece
By Leonidas Stergiou The current crisis is burdening the ratings of all European countries. The difference lies in the ability of a state to make the right adjustment to the fiscal mix to support growth. The interaction between growth and fiscal policy is key to Fitch’s assessments, says Michele Napolitano, head of assessments for Europe. […]
