Tag Archives: BUND
FI Eye-Opener: Greece is coming
Bond yields ended yesterday mostly lower despite gains in equity markets, though the moves were once again rather limited. Intra-Euro-zone spreads mostly narrowed, though Finnish bonds saw some pressure.
EUR/JPY should guide the EUR/USD lower. GBP looks weak too.
EUR/USD: The move up from a recent 1.3846 low seems correctionalcompared to the Draghi induced paced move lower from1.3967 late last week.
FI Eye-Opener: Upside in yields still limited for now
Bond yields rose on both sides of the Atlantic yesterday on relief the Crimean referendum had not led to violence, while the resulting sanctions were perceived soft. Intra-Euro-zone spreads narrowed and equities rallied (S&P 500 up by 0.96%).
Waiting for €/$ sellers. Weaker scandies
EUR/USD: As we failed to break below 1.3846 an upside reaction wereinitiated forcing the pair to give up 78.6% of the precedingdecline.
Weekly Economic & Financial Commentary
U.S. Review Is That Spring in the Air? · Retail sales rebounded after two straight months of declines,
Sell €/$. Buy USD/NOK. Stronger yen in the pipe.
EUR/USD: Yesterday’s up-thrust peak (false break above a well definedtop resistance) outside the Bollinger bands has created anequally high probability bearish setup late Dec.
FI Eye-Opener: Flight-to-quality dominating
Core bonds rallied in earnest yesterday, curves bull-flattened further, intra-Euro-zone spreads widened and equities took a beating.
Weak USD. EUR/GBP upside progress. Kiwi testing next resistance
EUR/USD: Correction completed and a fresh high added and bulls aresmiling – and may do so for a while yet since ~1.40 lieswithin reach before stretching it again.
Weaker GBP, AUD, CAD, PLN & CNH, stronger NZD and possibly SEK
EUR/USD: In this near-term timeframe the decline looks correctionalcompared to the impulsive lift, testing 1.3915 last week.Acceleration through supports at 1.3834/26 is needed to think otherwise.
Weaker GBP, PLN & TRL (& soon also CAD), stronger NZD & Bunds
EUR/USD: Judging by price action it could be a top forming, arguing fora 1.3825/1.3797 test before long. This would be more likelyon a break under 1.3852.
FI Eye-Opener: China causing some worries again
Bonds started the new week with some gains yesterday. The German 10-year yield fell by some 3bp, while the drop in the corresponding US yield was a more modest bp.
AUD & CAD turning down. NOK/SEK eyeing 1.0640.
EUR/USD: The trend line break continued to attract buyers on Fridaypushing the pair up to 1.3915 before stalling and giving upsome of the latest gains.