EURGBP - Sterling knocked back by bond rout
26-02-2021 02:16
Sterling fell against a stronger dollar on Friday, retreating from a three-year high touched earlier this week, as a rout in global bond markets sent yields flying and hurt the pound. The pound has ...
Europe set for a weaker open, as bond yields blow out
EURGBP – rebounded strongly from the 0.8540 area and this has taken us back through the 0.8630 area, with the potential for a move towards the 0.8730 area. We could have seen a short-term base for a ...
FOREX-Dollar firms on sudden spike in U.S. Treasury yields
U.S. dollar firms after hitting seven-week low * 10-year U.S. Treasury yield pops to 1.6% * Graphic: World FX rates (Updates prices, bond market action ...
Higher rate concerns put to one side with Europe set for a positive open
European stocks enjoyed another positive session yesterday driven once again by the travel, hospitality and commercial real estate sector. A sharp rise in longer term bond yields did initially act as ...
Two trades to watch: EUR/GBP, WTI
WTI pulls back from multi month high on downbeat API inventory data. Stocks grew 1.2 million barrels after previous draw of 5.8 million. Weaker US Dollar offers support amid cautious optimism ...
