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Tag: YieldCurve

Dollar Index Finds New Offers Following Mixed NFP Report

Dollar Index Finds New Offers Following Mixed NFP Report Dollar Index Finds New Offers Following Mixed NFP Report

The US dollar is under pressure and scrutiny following the mixed US NFP report. The bears are looking at the weekly chart for clues as to where the dollar might be correcting. The U.S. dollar, measured against a basket of major currencies in the DXY index, faltered after the release of the US Department of […]

FOMC Minutes: Interest Rates Would Have to Reach ‘Restrictive Sufficiently’ Level to Control Inflation

FOMC Minutes: Interest Rates Would Have to Reach ‘Restrictive Sufficiently’ Level to Control Inflation FOMC Minutes: Interest Rates Would Have to Reach ‘Restrictive Sufficiently’ Level to Control Inflation

have been published the Minutes of the policy decision of the Federal Open Market Committee (FOMC) that took place at the July 26-27 policy meeting and that may shed light on how aggressive they expect to be: All participants in the July 26-27 policy meeting agreed that an interest rate hike of 75 basis points […]

Forex Today – Asian Session: Caution Underpins USD

Forex Today – Asian Session: Caution Underpins USD Forex Today – Asian Session: Caution Underpins USD

What to watch for on Wednesday, August 17: Caution prevailed on Tuesday as the focus remains on a potential global recession. The dollar maintained its dominance despite a brief boost early in the American session. The EUR/USD pair extended its weekly decline to 1.0121 and ended the day around 1.0160. The European energy crisis remains […]

EUR/USD extends sell-off below 1.0200 as dollar bulls refuse to budge

EUR/USD extends sell-off below 1.0200 as dollar bulls refuse to budge EUR/USD extends sell-off below 1.0200 as dollar bulls refuse to budge

The EUR/USD pair is undergoing heavy selling as the US dollar continues to rise amid risk aversion. Recession fears as Germany’s energy crisis deepens adds pressure to the euro. The sell-off in Treasury yields does not support the pair. The EUR/USD it is falling like a house of cards, having given way to the 1.0200 […]

Treasury yield curve inversion has room to deepen – BofA

Treasury yield curve inversion has room to deepen – BofA Treasury yield curve inversion has room to deepen – BofA

US Treasury yield curve likely to deepen further amid aggressive Fed policy tighteningsaid Meghan Swiber, director of US rate strategy at Bank of America (BofA). Featured Comments (via Bloomberg) Although investments in the US beyond 50 basis points have been rare in recent decades, “there is no natural limit to the inversion of the 2-10 […]

Australia: 10-Year Treasury Yield Falls to 14-Week Low After RBA Rate Hike

Australia: 10-Year Treasury Yield Falls to 14-Week Low After RBA Rate Hike Australia: 10-Year Treasury Yield Falls to 14-Week Low After RBA Rate Hike

Australian bond yields trail their US counterparts and refresh their multi-day lows. RBA rate hike fails to impress AUD bulls amid indecision over next move. The fear of a recession and the news about China reinforce the sentiment of risk aversion. Australian bond markets celebrate the Reserve Bank of Australia (RBA) interest rate decision while […]

Gold Forecast: XAU/USD breaks from multi-month lows and retraces $1,700

Gold Forecast: XAU/USD breaks from multi-month lows and retraces $1,700 Gold Forecast: XAU/USD breaks from multi-month lows and retraces ,700

The price of gold is going to end the week up almost 1%, breaking five weeks of losses. Investors’ recession fears resurfaced after weak PMI data from the EU and the US. The inversion of the US 2yr-10yr yield curve lasted for 14 consecutive days. the price of gold rises for the second day in […]

Forex Today: Dollar Struggles to Gain Traction Amid Mixed Markets, Focus on US Data

Forex Today: Dollar Struggles to Gain Traction Amid Mixed Markets, Focus on US Data Forex Today: Dollar Struggles to Gain Traction Amid Mixed Markets, Focus on US Data

This is what you need to know to trade today Tuesday June 28: The dollar index consolidates the previous day’s rebound around 104.00 at the start of the European session this Tuesday, while Asian stock markets struggle to gain traction amid a market sentiment mixed. US index futures also reflect the same cautious trait, fluctuating […]

S&P 500 futures pull back on market indecision

S&P 500 futures pull back on market indecision S&P 500 futures pull back on market indecision

Market sentiment remains subdued as traders await further clues for clear guidance. A light schedule and conflicting headlines add to the confusion for traders. S&P500 futures break three-day uptrend. US Consumer Confidence and speeches from central bankers will be important to give a new impetus. Global traders fade early week optimism as they look for […]

USD/JPY could hit 140.00 if US yields rise – Rabobank

USD/JPY could hit 140.00 if US yields rise – Rabobank 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 […]