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US yields edge higher-EUR/USD and GBP/USD slip ahead of imminent US data releases
In the past few minutes US treasury yields have risen by a couple of basis points but that has been sufficient to push the dollar a little higher. So, the GBP/USD is now slipping back underneath the 1.2800 handle after peaking earlier at 1.2823. The EUR/USD is lower too and just now setting session lows at 1.0931 as those important US data releases will hit there screens any minute
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US stocks all open in the red this afternoon- check out the Nasdaq 100
The US stock markets have just reopened and it has been an across the board lower start to the day. The Dow Jones and the S+P 500 are opening in the... -
UK Bond markets are sending a very different signal to the BOE- GBP/USD needs to listen
If you look across the UK bond (GILTS) markets right now you will see the 10 year yield has risen to around 4.77% today. Meantime, the Bank of England... -
Gold slips towards $3,300 after stalling earlier around $3,320
As covered here earlier today, gold rose above $3,300 and subsequently hit a session high at $3,320.57 just as the European equity markets reopened...
