Treasuries fell on Tuesday as investors focus on the assessment of the state of the U. S. economy before important payroll report Friday.Rising yields have increased market-implied inflation expectations. Breakeven inflation rate for 10-year TIPS approaches 2.5%. The U.S. Treasury yields climbed Tuesday as rising energy prices stoked inflation fears. …
Read More »Ahead of RBNZ, NZD/USD struggles to find direction
The NZD/USD pair is fluctuating in a relatively tight range on Tuesday. The Reserve Bank of New Zealand is expected to hike its fiscal policy rate by 25 basis points on Wednesday. Meanwhile, the U. S. Dollar Index has clinged to modest daily gains, and stayed below 94.00. The NZD/USD …
Read More »Gold Falls as The Dollar’s Bleeding Stops
Gold retreated from its highest level in more than a week on Monday, October 4, as US Treasury yields rose and the dollar compensated for some of its losses, but it remained above the technically important $1750 support level, supported by market fears of inflation. Spot gold fell 0.5% to …
Read More »Gold falls to lowest over USD’s jump
Gold prices have been served a blow by a new rebound of the U.S. dollar and by the rise of the 10-year bill yields. Gold for December delivery lost $14.60, or 0.8%, to settle at $1,722.90 per ounce, following another decline by 0.8% on Tuesday. Prices marked the lowest most …
Read More »Investors pause selling treasury bills
Traders have put selling of U.S. Treasuries on pause. This prevalent trend left yields mostly lower on Wednesday, with an eye on financial talks in Washington.On Wednesday yields got lower at 0.0507% after U.S. House Speaker Nancy Pelosi’s statements on the suspension of the U.S. debt limit.The two-year U.S. Treasury …
Read More »Wall Street stocks sharply lower over U.S. Treasury yield gains
The sharp lows on Tuesday of Wall Street stocks is deepening concerns over persistent inflation and price hikes, as debt ceiling negotiations continue in Washington.All three major U.S. stock indexes slid by nearly 2% or even more, with interest rate sensitive tech and tech adjacent stocks while investors lost risk …
Read More »USD/CAD jumps up to 1.2700 over Treasury yields
As Tuesday’s American trading session opened, the USD/CAD was trading at 1.2700, up by 0.59%.The USD/CAD pair has risen on the back of higher U. S. Treasury yields and the fall of the market’s risk sentiment.The U. S. 10-year Treasury yield reached a fresh two-month high at 1.567%. The fall …
Read More »U.S. Dollar rises over higher Treasury yields
The U.S. dollar has gained for a second straight session on Monday, bolstered by the rise in Treasury yields. The U. S. dollar’s latest move is ahead of announcements by Federal Reserve speakers this week, which could support expectations of the start of asset purchase tapering before the end of …
Read More »Ten-year Treasury yield touches 1.45% amid parade of Fed speakers
The 10-year Treasury yield have touched 1.45% on Friday to hit its highest level since July as investors continued to react to the Federal Reserve’s policy two days ago. Bond investors were particularly interested in the signal by the central bank that the tapering of $120 billion of monthly bond …
Read More »Fed’s Decisions move XAU/USD to decline
The XAU/USD has now declined and eventually moved back into the negative territory for the second successive day.Gold price was additionally pressured by more and more global central banks. The Federal Reserve on Wednesday indicated that control of the pace of asset purchases may soon be announced if economic progress …
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