2-year notes yielded about 95 bp before the employment report last week. They yield an astounding 1.41% this afternoon. The back up in the short-end of the yield curve should help insulate the dollar in the near-term. USD/JPY is finding support on dips to the 98.20 area.
2-year note continues its climb in yields
Source: www.forexlive.com
Read more...
ZuluTrade Adds Russian Language Support
ZuluTrade’s website is now also available in Russian! I’m sure there are tons of Russian forex autotraders so no doubt this is a welcome feature for them all. Click here to view ZuluTrade’s website in Russian Do...
Gold Drops Beneath our 2nd Tier Downtrend Line
By Fast Brokers - Gold fell sharply yesterday, crashing below our 2nd tier downtrend line on rising volume as the Dollar appreciated...
News of protester death in Iran spooks market
Dealers are also saying that news of at least one protester death in Iran has reignited fears of a protracted conflict and this in turn is aiding risk aversion across all...
USDCHF breaks above upper border of price channel
USDCHF breaks above the upper border of the price channel. Further rally to test 1.0675 key resistance could be seen later today, a break above...
Bank Negara Malaysia Holds Overnight Policy Rate 3.00%
The Bank Negara Malaysia kept its Overnight Policy Rate (OPR) steady at 3.00%. The Bank said: “Headline inflation...