Trial now
GILT PAOF RESULTS

GBP562.500mln of the 0.25% Jul-31 gilt sold

US TSYS

Repo Reference Rates -- SOFR Dips to 0.03%

Edges Lower

EURO-DOLLAR TECHS

The pair is lower following today's NFP release. The key support levels to watch are:

  • 1.1754, Aug 21 low and the key trend support.
  • 1.1720, trendline support drawn off the May 14 low.
  • This week's failure above 1.2000 remains a concern for bulls and Tuesday's "shooting star" candle pattern also suggests the pair is likely to remain vulnerable near-term.
  • Key resistance remains this week's 1.2011 high.
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com