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Tag: Bonds

USD / JPY remains on the defensive above the 104.00 level

USD / JPY remains on the defensive above the 104.00 level

USD / JPY is moving lower on Tuesday amid moderate USD price action. Rising US bond yields and underlying bullish sentiment in the markets help limit the pair’s deeper losses. The pair USD/JPY trades with a slight negative bias at the start of the European session on Tuesday, staying near the lower end of its […]

USD / CAD clings to gains above 1.2700, little move after US data.

USD / CAD clings to gains above 1.2700, little move after US data.

A combination of factors helped the USD / CAD gain strong positive traction on Thursday. The rally in US bond yields triggered some short intraday hedging around the dollar. A drop in oil prices undermined the loonie and continued to support the rise. The pair USD / CAD It maintained its offered tone during the […]

Villeroy says they are attentive to the exchange rate

Villeroy says they are attentive to the exchange rate

Commenting on the appreciation of the euro, the member of the Governing Council of the European Central Bank (ECB) and director of the Bank of France, Francois Villeroy de Galhau, has said that “we are attentive to the exchange rate”. Additional comments: “About the exchange rate, all our instruments are available”. “The increase of 500,000 […]

U.S. Treasury Holdings Fall to Lowest Since February 2017

U.S. Treasury Holdings Fall to Lowest Since February 2017

The Proportion of US government bonds held by foreign investors continued to decline in September, and China held the lowest amount since February 2017, according to Bloomberg. Japan, the largest foreign holder, also dumped holdings for the second consecutive month. However, lhe purchases of Federal Reserve bonds have offset the drop in external demand for […]

It is not unreasonable to imagine the Fed embarking on a rate hike cycle in 3-4 years

It is not unreasonable to imagine the Fed embarking on a rate hike cycle in 3-4 years

The Bank of America (BofA) recently highlighted the probabilities of a Fed rate hike in the next 3 or so years, or even sooner, considering the 10-year bond yields and the economic transition. The US bank quotes Fed Chairman Jerome Powell, although he initially defied rate hike probabilities before saying, “the market is thinking about […]

US Treasury Yields Recover to Five-Month Highs on Blue Wave Hopes

US Treasury Yields Recover to Five-Month Highs on Blue Wave Hopes

US bond yields are at their highest since early June as Democrats remain the market favorites. Trump’s small victories do not replace Biden’s leadership in Kentucky. Yields on 10-year US Treasuries added five basis points (bps) to 0.92% as Tokyo markets open trading on Wednesday. In doing so, the risk barometer tests the June high […]

Bank of Japan prepares for additional easing, but still means to respond to corona: Governor Kuroda

Bank of Japan prepares for additional easing, but still means to respond to corona: Governor Kuroda

The Bank of Japan’s governor, Haruhiko Kuroda, said on the 12th that the measures to mitigate the economic damage caused by the pandemic of the new corona virus have not been exhausted, and that additional monetary easing measures will be taken. He emphasized that he was ready to take it. An online seminar hosted by […]

Interest rates are rising, a bad sign as the economy slides toward recession

Interest rates are rising, a bad sign as the economy slides toward recession

The Fed is throwing all of its fire power at markets, and yet interest rates continue to rise, a troubling sign when the economy looks set to slow down dramatically. Markets continue to swing violently with the Dow losing another 6.2% Wednesday; oil plunging 24%, and copper down about 7%. The credit markets continue to […]