Morning JGB trade sees the yield on the 10-year rise to 0.655%

The soft tweak to monetary policy at its previous meeting saw the bank allow the 10 year to rise above its previous 0.5% cap. The new line in the sand is 1%. We are not close to that. Yet. USD/JPY is not far from its recent high, no jawboning from Japan as yet either. What

Setting up the MGH Trade Panel – Other – 17 August 2023

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MUFG trade of the week: Sell EUR/USD

EUR/USD daily MUFG Research adds a new short EUR/USD position to its trade of the week portfolio targeting a move towards 1.0770, with a stop at 1.1160. “We have instigated a short EUR/USD trade idea to reflect the potential bias favouring yield and hence the dollar over the short-term,” MUFG notes. “So far in August,

Aussie Hit by China Trade Data

AUD/USD ANALYSIS & TALKING POINTS Concerns around Chinese economy increase leaving AUD under pressure. Fed speakers under the spotlight later today. Bears eye 0.6500. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar has slid further this Tuesday morning as Chinese import and export numbers (refer to economic

Asia FX falls on weak Chinese trade data, dollar strengthens By Investing.com

© Reuters. Investing.com — Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the Federal Reserve and anticipation of key inflation readings this week. Government data showed that both Chinese and shrank at their fastest pace since the 2020 COVID-19 pandemic, pointing to