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Monday, December 23, 2024

American Market Recap | US 30-year yields rise to the highest since May

US 30-year yields rise to the highest since May

The bond market got a reprieve on Friday with the cooler PCE report. You would think today's soft consumer confidence data would also help bring down yields but that's not the case. Instead, US 30-yea... 

tranche

Bank of Canada minutes: Decision to cut rates by 50 BPS on Dec 11 was a close call

The Bank of Canada meeting minutes were released. Some of the highlights Bank of Canada decision to cut rates by 50 BPS on Dec 11 was a close call - minutes of Governing Council meeting. Members discu... 

USDCHF rallies to key retracement last week and sold off. Today the bias is back higher.

The USDCHF moved higher last week but found willing sellers near the 38.2% of the range from the 2022 high at 0.9025. The high last week reached 0.8921. The subsequent move lower on Thursday and into... 

Bitcoin Price Prediction by AI

Bitcoin Price Prediction by AI: Key Levels to Watch for Traders and Investors As Bitcoin continues to dominate the cryptocurrency market, traders and investors are constantly seeking insights into its... 

US November durable goods orders -1.1% vs -0.4% expected

This was released earlier: Prior was +0.8% Nondefense capital goods orders ex-air +0.7% vs -0.1% prior Ex transport -0.1% vs +0.3% The core orders number is the important one and it showed a nice rebo... 

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Latest Forex Orders

FX option expiries for 20 December 10am New York cut

There are plenty of significant and massive expiries in play today, as highlighted in bold . The very much larger ones are for EUR/USD and the ones to watch out for are layered between 1.0300 to 1.040... 

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