The recent increase in yields is a factor in improving the outlooksaid Friday Isabel Schnabel, a member of the executive board of the European Central Bank (ECB), adding that “this is precisely what we would expect and want to see.” Featured statements: “The premature removal of ECB support would be a big mistake“. “The PEPP […]
Tag: CurveRendering
No respite for the dollar
This is what you need to know to trade today Wednesday, May 26 at the Asian session: It was another bad day for the dollar, although it remained within the familiar levels against most of the main rivals. EUR and GOLD were the best performers, as EUR / USD hit a high of 1.2266, its […]
Forex Today – Asian Session: Dollar Keeps Pushing, Catalysts Missing
What you need to know on Tuesday, May 25: The week started in slow motion, but the dollar remained the weakest currency in the forex market. It started the day progressing modestly, but demand waned as the day wore on, as US government bond yields The 10-year US Treasury yield bottomed out at 1.59% and […]
Forex Today – Asian Session: The Dollar Keeps Dancing to the Rhythm of Yields
What you need to know on Friday, May 21: The dollar returned the ground it gained after the FOMC Minutes, ending Thursday down against all of its major rivals. Government bond yields fell as investors took in the latest announcement from the Federal Reserve. The yield on the benchmark 10-year Treasury bond fell to 1.627% […]
Forex Today – Asian Session: Yields, the Fed and the Dollar
What you need to know on Thursday, May 20: The dollar was up across the board, ending the day with gains against most major rivals. The FOMC published the minutes of its last meeting and, while the document showed that officials maintain their cautious stance, some of them are willing to discuss the gradual reduction […]
De Guindos says current yield levels are favorable
Commenting on a sell-off in fixed income markets in recent months, European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday that are comfortable with current levels of returns. Additional comments: “Ask banks to be very cautious about exposure to commercial real estate“. “The momentum of the vaccination campaign is key to recovery.” […]
XAU / USD Still Pressed Below $ 1,770 Amid Higher Treasury Yields
The rise in Treasury yields outweighs the fall in the USD, which is weighing on gold prices. XAU / USD remains poised to test the support of the 100 hourly SMA. Regaining the 50 SMA is critical to denying the downside bias. The oro (XAU / USD) remains under pressure for the second day in […]
Dollar and crypto extend decline, virus news and infrastructure in focus
This is what you need to know to trade today Tuesday, April 20: Markets are calm after a drop on Monday, but the dollar remains depressed. Mixed news about the virus and US infrastructure is in the spotlight, while cryptocurrencies continue their decline. The US dollar is on the defensive for the second day in […]
Forex Today – Asian Session: Dollar Continues to Fall, Optimism Diminishes
What you need to know by Tuesday, April 20: The dollar tumbled amid prevailing appetite for risk, and the currency space reacted belatedly to the rally in stocks last week and upbeat data from the United States spurred demand for high-yield assets. EUR / USD spiked past 1.2000, while GBP / USD flirted with 1.4000. […]
XAU / USD hits new two-month highs near $ 1,790 as US dollar falls
Gold is rising towards $ 1,800 as the sell off around the USD resumes. US Treasury yields remain under pressure amid pessimistic expectations from the Fed. XAU / USD technical indicators point to further gains. The oro (XAU / USD) is extending its positive three-day momentum so far on Monday, with the bulls pushing gold […]