[ad_1] It’s not exactly promising for the dollar as risk trades are showing much more mettle so far this week, building on the rebound from late Monday. Treasuries had some catching up to do but ended up more bid, with 10-year yields dipping back to around 4.64% after bouncing up to 4.70% in European morning
[ad_1] When the US jobs report came out and showed a stronger-than-expected 336K nonfarm payroll jobs (estimate 170K) and revisions of over 100K to the prior month’s, the US dollar moved higher, yields moved higher and stocks moved lower. However, then people started to look at things like the unemployment rate remaining at 3.8% (despite
[ad_1] The day started with US yields down marginally after overnight saw the 30-year bond yield touch 5.0% (at 5.01%) before buyers came in and pushed the yield lower. The yield reached the highest level since August 2007 before retreating.. The 10-year yield reached 4.884% and likewise backed off those elevated levels. For the 10
[ad_1] Markets: Gold down $16 to $1848 WTI crude oil down 78-cents to $90.93 US 10-year yields down 0.2 bps to 4.57% S&P 500 down 12 points to 4288 AUD leads, CAD lags The quarter ended with some drama as the US dollar shot higher, recouping losses from European and Asian trading and in some
[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do
[ad_1] The NZD and the AUD are ending the day as the strongest of the major currencies. The JPY is the weakest. The latest central bank decision came before the US open, when the Bank of Japan in The rates unchanged but did say that they would consider easy policy exit 1 achievement 2% inflation
[ad_1] Asia FX kicked off the week in waiting mode, this week for the barrage of central bank decisions including those from the Fed, BOJ, BOE and SNB. Major forex rates moved in limited ranges only. On the news front there is no imminent resolution in sight to end a strike by US United Auto
[ad_1] The EUR is ending the day as the strongest of the major currencies. The USD is also mostly higher with gains vs all the major currencies with the exception of the EUR. The JPY and the NZD were the weakest of the majors. The strongest to the weakest of the majors. The gains in
[ad_1] Headlines: Markets: AUD leads, GBP lags on the day European equities slightly higher; S&P 500 futures up 0.4% US 10-year yields up 1.4 bps to 4.262% Gold up 0.1% to $1,907.80 WTI crude up 1.3% to $89.67 Bitcoin up 0.5% to $26,362 Major currencies didn’t do a whole lot today, as traders are waiting
[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do
