At the last auction, the US It sold $ 39 billion in 9-year and 11-month notes with a high yield of 1,523% and granted 27.17% of the offers at the maximum. Primary distributors took 25.42% of the promissory notes, direct and indirect sales were 17.78% and 56.81%, respectively. Market reaction Market reaction to this auction […]
Tag: Bonds
USD / JPY clings to intraday gains near 108.70-80 region
USD / JPY regains positive traction on Wednesday amid renewed buying interest in the USD. A modest rally in US bond yields benefits the USD and supports the pair’s upward move. Investors await the release of the US CPI report for further momentum. The pair USD/JPY remains higher during the early part of the European […]
USD / JPY regains initial lost ground, flat below 109.00
USD / JPY reversed the early European session drop near 108.50. Risk appetite undermined the Japanese yen and offered some support. Shrinking US bond yields, USD weakness and overbought conditions could limit gains. The pair USD/JPY it quickly rallied around 30 pips from lows hit early in the European session and was last seen trading […]
GBP / USD retreats from highs, intraday rally eases near 1.3900
Widespread USD weakness helped GBP / USD gain positive traction on Tuesday. The fall in US bond yields led to some profit-taking in US dollars. The lack of strong buying tracking warrants caution before placing bullish bets. The pair GBP/USD it maintained its offered tone during the middle of the European session, although it has […]
USD / CAD falls near the 1.2600 level at three-day lows amid notable USD weakness
A combination of factors triggers new selling around USD / CAD on Tuesday. The pullback in US bond yields and risk appetite sentiment affect the safe-haven USD. A rebound in crude oil prices benefits the CAD and contributes to the pair’s selling bias. The pair USD / CAD has extended its steady intraday decline and […]
AUD / USD rises to new daily highs around 0.7700 region
AUD / USD gains some positive traction Tuesday amid some profit-taking around the USD. The pullback in US bond yields and risk appetite sentiment weigh on the safe-haven USD. The bulls can wait for a move above the 0.7720 area before opening new positions. The pair AUD/USD has risen to new daily highs during the […]
USD / JPY hits new nine-month highs around the 108.70 region
USD / JPY continues to gain positive traction for the fourth day in a row on Monday. The rebound in US bond yields benefits the USD and continues to support the pair’s upward momentum. The overbought RSI could prevent the bulls from opening new positions amid a softer tone around the stock markets. The strong […]
USD / CAD rises to daily highs around 1.2680 region amid stronger USD
A combination of factors helps the USD CAD reverse an initial slide to the 1.2625-20 region. The optimistic US economic outlook and the rally in US bond yields continue to prop up the USD. A modest decline in oil prices weighs on the CAD and continues to support the rally in the pair. The pair […]
AUD / USD falls to daily lows near the 0.07650 level
AUD / USD gained some traction on Monday, although it lacked a solid continuation. Friday’s upbeat NFP report and rising US bond yields continue to prop up the USD. Price action suggests that the recent downtrend in AUD / USD may be far from over. The pair AUD / USD has fallen around 70 pips […]
USD / JPY remains stable near multi-month highs just below the 108.50 level
Sustained USD buying continues to support buying tone around USD / JPY on Monday. Rising US bond yields and optimistic US economic prospects continue to support the USD. A softer risk tone offers some support to the safe-haven JPY and limits the pair’s gains. The pair USD/JPY maintains its modest gains at the start of […]
