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AUDUSD TECHS

Resumes Its Downtrend

EUROZONE T-BILL ISSUANCE

W/C July 4, 2022

SNAPSHOT

No Longer Low(e)

USDJPY TECHS

Path Of Least Resistance Remains Up

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10Y Yield Stabilizes Above 6%

POLAND
  • Poland 10Y yield stabilizes above 6% after retracing sharply higher in the first half of April amid surging inflation risks.
  • The 10Y yield has been oscillating between the 6% support and the 6.42% resistance (high reached on April 22).
  • A break above 6.42% would open the door for a move up to 6.63% (Nov 2008 highs).
  • On the downside, support to watch below 6% stands at 5.65%.

Source: Bloomberg/MNI

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  • Poland 10Y yield stabilizes above 6% after retracing sharply higher in the first half of April amid surging inflation risks.
  • The 10Y yield has been oscillating between the 6% support and the 6.42% resistance (high reached on April 22).
  • A break above 6.42% would open the door for a move up to 6.63% (Nov 2008 highs).
  • On the downside, support to watch below 6% stands at 5.65%.

Source: Bloomberg/MNI