Everyone seems to be watching the two year ten year bond spread, flashing a warning. My position would be that well advertised calamaties seldom come to pass. Maybe next year when things seem to get better.
Not yet , I guess. Just thinking that if the commodity currencies can't find a bottom, it can't be good for the equity markets. That would put usdjpy at risk too. Trying to keep an open mind here as usual, but I see what I see.
Everything has rolled over under resistance. Seems like a fairly rare situation. There really hasn't been much of a recovery against USD, which I expected today. Really expected Euro to bounce. I guess it did to 1.18 but really short lived.
Us ten year yield climbing again. I think it's more about the spread between US and German ten year. A widening spread should benefit USD/Euro in my thinking.