Tag Archives: BUND
Dollar and NOK/SEK liked higher
EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.
FI Eye-Opener: Inaction to lead to some action
Bond yields continued to climb yesterday on both sides of the Atlantic, as hopes grew that the US labour market recovery would be picking up again. Curves bear-steepened, while the 10-year spread between
USD/JPY is higher than previously thought, but resistance is still there
EUR/USD: The near-term move up from the recent 1.3704 looks farfrom impulsive, but could still test the 21day equilibriummeasure at 1.3835 before down.
FI Eye-Opener: Improving ADP to add pressure on bonds
Bond yields rose on both sides of the Atlantic yesterday, but more so in the US than in Europe, while the US curve continued to steepen. The US 10-year yield is approaching the upper end
USD/JPY testing resistance (103.77/91). AUD/USD should move lower
EUR/USD: The market hunted both high and low yesterday, butwithout getting traction either direction. A small near-termbullish tilt persists while holding above 1.3763.
FI Eye-Opener: The Yellen effect
German bond yields rose yesterday. Even though Euro-zone March inflation numbers were soft (see more below), they were not weak enough to give bonds another boost.
EUR/JPY bullish response. NOK/SEK s/t stretched.
EUR/USD: Friday’s break down into the 55d ma band was soon rejectedand we ended the day more or less unchanged with spikeson both sides showing kind of a balance reached.
FI Eye-Opener: Brace yourself for a huge week
Bonds continued to perform early on Friday, but some profit taking was seen later in the day. German bond yields finally ended the day slightly higher, while US yields rose a bit more,
Weekly Economic & Financial Commentary
U.S. Review Hanging in There · Stronger consumer spending on services led the third estimate of
More € weakness. AUD peaking? NOK/SEK pause
EUR/USD: Yesterday’s close below 1.3749 has further enhanced thebearish outlook and more losses are accordingly penciled infor the week to come.
FI Eye-Opener: Edging closer to deflation?
Bonds continued to rally yesterday. The German 10-year benchmark yield fell another 3bp to around 1.54%, already close to the March low of some 1.50%. The US 10-year yield retreated by around a bp.
A weaker € + a stronger NZD = a €/NZD sell
EUR/USD: After the mid body test (of the Mar 19 falling benchmarkcandle) and rejection the market has been mainly on thedefensive. Yesterday’s close,