Markets US yields closed this week’s opening session 8.3 bps (2-yr) to 11.3 bps (10-yr) higher. For the US 2-yr yield, it was the highest close since mid-August and above the strong 4%-resistance area. The US 10-yr yield finished above 4.2%, completely erasing the August market-meltdown setback to 3.6% mid-September. Don’t go searching for any […]
Oct 07, 2024
EURUSD Pauses Southward Run Near 1.0950
EURUSD posts 6 red sessions Price plunges below 1.1000 Stochastics indicates upside recovery But RSI keeps falling EURUSD plummeted more than 2% after the pullback from the double top around 1.1200, recording six straight red days. The price also tumbled beneath the short-term uptrend line and the 1.1000 round number, confirming the bearish correction in […]
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