Tag Archives: S&P

Dollar strength getting traction

EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250,

Today’s Flash PMIs in Germany, France and the euro area will give more cluesabout the slowdown in the euro area.

German 10-year Bund yield was again pressured below 1% with the hopes of more ECB easing keeping the rates down.

EUR/USD targets 1.3295 next and then 1.3240… USD/JPY targets 103.34 next…

Developments in the Ukraine crisis remain the main market mover and it seemsno news is good news,

German 10-year yield reached for levels below 1% again. Eonia slipped to new all-time lows and negative fixings are getting closer.

EUR/USD is still confined to a 1.3333\1.3433 range, with a small downside tilt… EUR/CHF is likely to test 1.2120\33 before lower…

The situation in Ukraine continues to be the main focus of the markets.

Rates rebound, bund yield above 1% again, and stocks rebound. 5Y5Y inflation swap has dropped below 2% – Anchor drifting?

EURUSD: Eight out of the past nine trading days the market has beenpushing prices below 1.3360 but

Main focus will continue to be the situation in the Ukraine crisis.

10-year Bund closed at 0.95 % on Friday. Geopolitics still high on the agenda.