USDJPY Surges as 10 Year Yield Breaks 3.1, Sterling Pares Gains after May Dismissed Customs Union Stay
Dollar is extending its rally against Yen today, hitting as high as 110.79 so far. Persistent strength in treasury yield is giving the greenback some lift. 10 year yield reached as high as 3.12 earlier today and is staying firm...
Sterling Rebounds as UK May Stay in Customs Union after Brexit, Beyond 2021
US treasury yields rally continues with 10 year yield hitting as high as 3.109 in Asian session. But the lift to Dollar is rather non-existence this time. The greenback is trading generally lower against others today and is mixed for...
Euro Cracked Down by Italian Populist Duo, Safe Haven Flow Caps Dollar Gains
Politics are the main drivers in the forex markets today. Euro tumbles broadly on concern of the populist policies of the coalition government in Italy. EUR/USD finally took out 1.1822 support decisively But the more important development could be in...
Dollar Held by Near Term Resistance Despite Yield Inspired Rally
Dollar surged broadly as boosted by rally in US Treasury yield. 10 year yield hit as high as 3.90 overnight, the highest level since 2011, before settling at 3.08. While the greenback is strong, it’s struggling to break through near...
Dollar Shines as 10 Year Yield Hits Highest Since 2011
Dollar surges broadly today as boosted by strong rally in treasury yield. 10 year yield reaches as high as 3.049 so far today and breaks key resistance level of 3.036 (2013 high). TNX reaches the highest level since 2011. Released...
Dollar Recovers as EURUSD Fails 1.2, UK Employment and German ZEW Watched
Dollar’s corrective pull back yesterday was rather brief and shallow. EUR/USD reached 1.1995 but failed to break through 1.2 handle. It’s now back at 1.1930. USD/CHF breached parity briefly to 0.9956 and is back above 1.0000 now. GBP.USD continued to...
Euro Jumps as ECB Villeroy Indicates Rate Hikes Just Some Quarters Away from End of QE
Euro rises broadly today as lifted by hawkish comments from an ECB official. Sterling closely follow as the second strongest one. On the other hand, New Zealand dollar continues to suffer broad based selling pressure today, in particular against Australian...
Risk Appetite Returns as Trump Offers Concession ahead of US-China Trade Talks, Yen Weighed Down
Yen trades broadly lower today, expect versus New Zealand Dollar. Solid risk appetite is a factor pressuring the Yen. Nikkei closed up 0.47% at 28865.86, hitting the highest level in more than three months. Strong performance of cosmetics maker Shiseido...
Traders Getting More Bearish on AUD and Less Bullish on GBP
We initiate coverage on speculators’ activities on major FX futures. According to CFTC’s Commitments of Traders, speculators were bearish (NET SHORT) on CHF, JPY, AUD and CAD in the week ended May 8. Meanwhile, they remained bullish (NET LENGTH) over...
Dollar Turned into Consolidation Phase, Sterling Survived BoE but Vulnerable to Job Data
Canadian Dollar surged broadly last week following the rally in oil prices. Weaker than expected employment capped the Loonie’s gain, but it ended as the strongest still. Sterling survived BoE super Thursday and ended up against all but Canadian. That’s...
Signal2forex.com - Best Forex robots and signals




