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<ul><li>Prior was 4.314%</li><li>Bid to cover at 2.57 vs 2.56 prior</li></ul><p>Yield moved up from last month. Ahead of this sale, Six of the last eight 2-year auctions stopped through by an average of 0.7 basis points, according to BMO. There was no drama with this one as it landed right on the screws.<

<p>The US treasury will auction off $60B of 2-year notes at 1 PM ET. The auction is the first of the 3 coupon auctions this week. Tomorrow, 5-year notes will be auctioned. On Thursday, the treasury will auction 7-year notes.</p><p>Below are the major component details of the last and the 6-month averages The auction results, [&hel

<p>The USDCHF is following the USDs run to the upside in the US session. US yields are helping. The 10-year yield is near 4.15%, up 5.6 basis points. The two-year yield is at 4.406% +3.0 basis points. At 1 PM ET, the U.S. Treasury auctions off $60 billion of 2-year notes. That will be followed […]

<p>Key Insights:</p><ol><li><p>BoC Rate Decision:</p><ul><li>BofA anticipates that the BoC will maintain the overnight rate at 5.0%, with no adjustments to its forward guidance.</li></ul></li><li><p>Economic and Labor Market Context:</p><ul><li>Despite w

<p>European equity traders are eyeing Thursday's ECB decision as a catalyst. Today's trading saw shares open higher but the selling started almost immediately afterwards and it was a sideways chop for the final six hours.</p><ul><li>Stoxx 600 -0.3%</li><li>German DAX -0.3%</li><li>UK FTSE 10

<p>After closing at record levels yesterday and on Friday, the Dow Industrial Average and the S&amp;P index are trading in negative territory. The NASDAQ index is also down on the day. Each of the major indices have been up for three consecutive days.</p><p>A snapshot of the market currently shows:</p><ul><li>

<p>The USDJPY moved lower after the Bank of Japan interest rate decision (no change) and statement/press conference. However, although the price was able to break below its key 100-day moving average at 147.557 and 61.8% retracement at 147.45, the price did find early buyers against its rising 200-day moving average (green line in the chart [

<p>The EURUSD sellers are making a play with a break below the 200-day moving average of 1.08442 (see green overlay line on the chart below). US yields are ticking higher and trading near session highs, increasing the USD in the process. The 10-year yield is up to 4.143% up 5.0 basis points. The 30-year yield […]

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>EURUSD edges up as the USD weakens and an ECB meeting looms. The market is currently trading around 1.0880 key level reflecting a reasonable gain for the day. This movement can be attributed to the weakening of the US […]