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US yields rise following Treasury buy back operation- Gold falls again
A few moments ago the US Treasury announced a buy back of $6 billion in the 10-20 years notes and that was more than a figure of around $4 billion. The reaction across the markets has seen US yields rise after this news and it has dented the US stock markets and lifted the dollar.
So, the USD/JPY has bounced again and risen back above 153.60. The EUR/USD is falling back below 1.1625 and the GBP/USD is lower again as well. Gold has been hit hard on this news and fallen back below $4,385 as we write. Earlier Gold has traded as high as $4,434. The metal is right now at $4,389.20
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US yields rise following Treasury buy back operation- Gold falls again
A few moments ago the US Treasury announced a buy back of $6 billion in the 10-20 years notes and that was more than a figure of around $4 billion...
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DAX continues to lose ground as Oil rises further
As the US stock market losses broaden somewhat and the Nasdaq 100 now turns negative, forcing the S+P 500 lower with it, we note how the European...
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USD/JPY falling back towards 153 again
We noted earlier how the USD/JPY had managed to rebound back towards 153.75. Well, since then and for the past few hours it has been tracking lower...