Latest Forex Research

FI Eye-Opener: Strong payrolls hit the US bond market

US Treasuries took a beating and the curve bear-flattened, as US payrolls numbers were strong.

Friday’s sell-off provides bears with some breathing room but

Layers of resistance remain as immediate focus shifts back to

The pair closed in NY Friday at $1.5580 having recovered off a post US NFP low of $1.5568 into the close.

Thursday’s bearish key day reversal was negated by an aggressive bounce

Fresh 2014 and 2 year lows combined with the bearish close Friday see bears firmly focused on

The pair opened at $1.2284 in Asia Monday having dealt a NY range of $1.2271 to

The pair started the week firmer at Y121.47 after an unexpected strong US employment data last Friday.

AUD saw further weakness Monday after trading to support from July2010 on

Near term momentum is negative and we expect a test of 0.7660 major support.

US non-farm payrolls were stronger than expected on Friday night.

In a few short months, crude oil prices have fallen to levels not seen since 2009.