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NZD/USD Eyeing 2022 Lows


(U2) Cracks Support, Accelerates Losses


(U2) Downtrend Accelerates


A$ Sell-Off Intensifies


(M2) Corrective Cycle Still In Play

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  • Solid inflows into Turkish local and USD bonds today helping USD/TRY grind towards the 7.00 handle
  • Local curve -7.0bp to -8bp along all major tenors
  • USD curve bull steepening, but lower across all tenors. 2Y -8.3bp, 3Y -7.9bp, 20Y -7bp, 10Y -6.6bp
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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