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Markets German bunds underperformed US Treasuries today. We should speak in the conditional tense though because there’s still the $44 bn 7-yr auction scheduled after the European close. A mediocre 2-yr and 5-yr sale yesterday triggered additional losses for Treasuries and was the reason for European/German yields to catch up straight at the open. German […]

The post Sunset Market Commentary appeared first on Action Forex.

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05/08/2024

Rapid Yen Appreciation: Key Factors Boosting JPY

The Japanese yen continues its recovery rally. The USDJPY pair falls to 143.38 on Monday. This development is likely only the midpoint of the process as the market regains past losses and brings the JPY to equilibrium. USDJPY is currently at its lowest level since 3 January. Several reasons are driving this movement. The first […]
02/02/2024

Copper Futures Slip after Failing to Break 50% Fibo

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19/07/2024

ECB Review: A ‘Wide Open’ September Meeting

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