Results for nuclear

Dollar Longs Pared as Jackson Hole Gathering is set to Start

August 25, 2022
Overview: It seems that many market participants had the same thing in mind, cut dollar longs before the Jackson Hole gathering. The Antipodeans lead the majors move, encouraged perhaps by China’s new economic measures, with around a 1% gain. The euro and sterling are up about 0.35% and are the laggards. Emerging market currencies are higher as we…
Dollar Longs Pared as Jackson Hole Gathering is set to Start Dollar Longs Pared as Jackson Hole Gathering is set to Start Reviewed by Marc Chandler on August 25, 2022 Rating: 5

Markets Look for Direction

August 17, 2022
Overview: The biggest development today in the capital markets is the jump in benchmark interest rates.  The US 10-year yield is up five basis points to 2.86%, which is about 10 bp above Monday’s low.  European yields are up 9-10 bp.  The 10-year German Bund yield was near 0.88% on Monday and is now near 1.07%.  Italy’s premium over Germany is nea…
Markets Look for Direction Markets Look for Direction Reviewed by Marc Chandler on August 17, 2022 Rating: 5

Yen Squeeze Continues

August 01, 2022
Overview: The US dollar begins the new month better offered. It is softer against all the major currencies. Short yen positions continue to get unwound, which is leading the move, followed  by the Antipodeans, where the Reserve Bank of Australia is expected to hike rates tomorrow. Most emerging market currencies are firmer too, except for a few As…
Yen Squeeze Continues Yen Squeeze Continues Reviewed by Marc Chandler on August 01, 2022 Rating: 5

Yields Jump, Greenback Bid

March 28, 2022
Overview: Yields are surging.  Canada and Australia's two-year yields have jumped 20 bp, with the US yield up 10 bp to 2.37% ahead of the $50 bln sale later today.  The US 10-year yield has risen a more modest three basis points to 2.50%, flattening the 2-10-year yields curve.  The 5–30-year curve has inverted for the first time since 2016.  E…
Yields Jump, Greenback Bid Yields Jump, Greenback Bid Reviewed by Marc Chandler on March 28, 2022 Rating: 5
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