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USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

EURGBP TECHS

Attention Is On Resistance

Core FI Hold Tight Ranges

BOND SUMMARY

T-Notes continue to hold a tight 0-02 range, last deals +0-01+ at 139-05+. Cash curve runs very marginally flatter and lower. Eurodollars last seen unch. to +1.0 tick through the reds. Little in the way of headline/market flow to provide some impetus, after news from over the weekend was shrugged off.

  • JGB futures dipped early into the Tokyo session, but now trades off lows; last +14 at 151.76. Belly outperforms in cash trade. Little of note in Japanese preliminary Q2 GDP data and subsequent comments from Econ Min Nishimura.
  • Australian YM trades -0.5 and XM is unch, as we type. Cash ACGB yields marginally higher, save for 2s. Bills last seen unch. to -1 tick through the reds. Today's ACGB 2.75% Jun 2035 supply was solid enough, cover ratio was comfortably above 3.00x.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com