Tag Archives: BUND

FX Comment: ECB bond buying ‘proposal’ inches higher – but the devil will be in the detail

Roughly two weeks ago Bloomberg ran a story citing ECB sources suggesting staff at

EURUSD: Direction stalled market in the starting blocks for ECB tomorrow and

Oil prices were falling again yesterday, but have not made new lows in more than a week,

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).

Asian stocks are on the rise on the back of fairly strong Chinese GDP numbers this morning.

EURUSD: The pair initially extended the decline down to 1.1459 before

US Treasury yields leapt (10-year yield with a 12 bp jump) and

EURUSD: The second attempt (with a little help from SNB) lower became

EUR/CHF momentarily plunged by 30% to around 0.85 following a surprise move

EURUSD: The pair initially fell down from the past week’s congestion

Oil prices finally rebounded around USD 3 yesterday, but it would be too soon to

EUR/USD still in range – watch both 1.1753 & 1.1871…