Dollar gets knocked off its perch
A couple of poor data points yesterday seemed to be enough to cause some jitters about the US economy. That resulted in a big drop in Treasury yields and that…
Read More »Japan reportedly considers to extend fuel subsidies until year-end
The measure in question is one that is helping to keep gasoline prices below ¥180 a litre and it is being reported taht the government is working on a separate…
Read More »A couple of light releases coming up in Europe today
The dollar is marginally lower as we look towards the session ahead, after some mixed moves in markets yesterday. 10-year Treasury yields broke out to the highest since 2007 but…
Read More »The aussie decline looks set to continue
The selling today is in part to do with the poor Australian jobs report earlier here. But it also comes against the backdrop of a firmer dollar from yesterday and…
Read More »FX option expiries for 3 August 10am New York cut
There are just a couple to take note of for today, as highlighted in bold. That being for EUR/USD around the 1.0900 to 1.0920 region and they are relatively large…
Read More »