Tag Archives: ECB

FI Eye-Opener: Floating around

German bonds surrendered early gains to end with some losses yesterday, while US Treasury yields saw a bigger upward move.

Recent monthly economic indicators and business surveys show continued moderate global economic growth

The USD weakened slightly. USDJPY dipped to 114.09, EURUSD edged higher to 1.2486 and

US Treasuries rallied in earnest on Friday, as more solid job growth was not enough to hurt bonds in the absence of wage pressures.

The EURUSD is close to important support levels – only if fails,

European central banks less surprising than the BoJ. As expected, the ECB did not launch a full-scale QE and

EURUSD was little changed Asia morning (1.2379),

After some ups and downs during and following the ECB press conference (see more below), German yields ended the day roughly unchanged.

The NZD has seen a whippy 24 hours, but overall has sunkin line with the majors against the USD.

Draghi dropped plenty of hints that the Governing Council was preparing for more easing.

The USD retraced some gains, with the EUR up 20pips to 1.250, and

We expect the ECB to remain in wait-and-see mode at today’s meeting, as the impactof the latest easing measures is assessed.