<p>Today's double-slate of Treasury auctions starts at 11:30 am ET with a sale of 3s. The $50 billion auction is a new issue and should sell just above 3.51%.</p><p>A concession has built in today and the three-year tenor is an interesting spot given the expectations for Fed rate cuts over that period. T-bills are paying [&he
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New York Fed survey: Year-ahead inflation expected at 3.4% vs 3.6% prior
<ul><li>One year seen at 3.4% vs 3.6% prior – lowest since April 2021</li><li>Three year ahead unchanged at 3%</li><li>Five year ahead unchanged at 2.7%</li><li>Respondents see moderating wage growth</li><li>Rent seen at +8% vs +9.1% in Oct survey</li></ul><p>These
The USDCHF buyers tried to move higher but found willing sellers near swingarea resistance
<p>The USDCHF buyers tried to move higher on Friday/today, but found willing sellers near swing area resistance. That resistance came between 0.8815 and 0.8827. The highs on Friday reached 0.8820. The high price today reached 0.8816. The inability to get above that swing area (and the higher 38.2% retracement at 0.88364), has kept the sellers
Natural Gas in distress as oversupply is going nowhere
Natural Gas (XNG/USD) prices are sinking as markets are facing substantial oversupply for the coming months. Proof of that is in the pudding with the prices on Futures contracts with nearby expiration dates being sold at a
USD Index: Rebound is showing some signs of stalling in the low 104 area – Scotiabank
USD holds December gains ahead of a busy week of data and FOMC.
The GBP is the strongest while the JPY is the weakest as the NA session begins.
<p>The GBP is the strongest of major currencies while the JPY is the weakest. The USD is mostly higher but mostly gains can't be attributed to the rise in the USDJPY. </p><p>The JPY is sharply lower after a Reuters article further debunked the idea that the BOJ was closer to tightening policy.The article highlighted a [&helli
ForexLive European FX news wrap: Yen on the backfoot; big events this week eyed
<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/quiet-trading-so-far-but-plenty-still-to-come-later-in-the-week-20231211/">Quiet trading so far but plenty still to come later in the week</a></li><li><a href="https://www.forexlive.com/news/usdjpy-further-retraces-the-
5 Trading Traits That Separate Winners from Losers
<p>Some say that a winning mindset is what mostly sets profitable traders apart from those who don’t make it, but is that really all it takes?</p>
Three White Soldiers Candlestick Pattern Strategy
<div aria-hidden="true"></div> <p>The financial market is a playground for numerous trading patterns and indicators. Among these, the Three White Soldiers Pattern stands out as a powerful bullish reversal signal. It is an indicator that suggests a strong shift from a bearish to a bullish market. This article dives deep i