Futures Trading Education
The last 24 hours was one of recent ranges as far as the major currencies were concerned on what was a very quiet trading session due mainly to the UK markets been closed, with the AUD/USD marking time ahead of the RBA decision overnight. As background to the $A,...
Futures Trading Education
The US Treasury bond yield back-up continued on Friday, but this time not led by Europe, where the 10yr Bund yield was up just 0.7bp to 0.373% in a holiday thinned European May Day . US 2-year Notes added 2.8bps to 0.595, and the 10yr +8.2bps to 2.1135 % (its highest...
Futures Trading Education
Today is a holiday in much of Asia and Europe (Happy May Day) but that doesn’t stop the dataflow. Yields are broadly rising, which is having a downward effect on US equities and rate differentials are driving the currency markets: the USD is lower against the EUR on...
Futures Trading Education
The FOMC statement issued last night has made it clear that there is no pre-determined timeline for Fed rate lift-off. The Fed is totally data dependent in considering when next to change policy, that data then playing into the Fed’s assessment of progress in their...
Futures Trading Education
The last 24 hours was one of US$ weakness and $A strength, trades that gathered momentum early in the London session, a session marked by a big miss on US consumer confidence. The Euro has tested 1.10, while the AUD/USD is up over 2% trading above 0.80 this morning,...
Futures Trading Education
In an otherwise quiet Monday session, Eurozone markets have been cheered by reports that Greek Finance Minister Yanis Varoufakis has been removed from the debt-deal negotiation table by his prime minister. Varoufakis’ hard-ball tactics have been a source of huge...
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