Free Trial
USDCAD TECHS

Northbound

US TSYS

FI Support Evaporates Amid Late Month End Selling

AUDUSD TECHS

Remains Vulnerable

CANADA

Late Risk Off Sees USDCAD Eye Cycle Highs

US TSY OPTIONS

BLOCK, Late Puts

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Global Market Focus On US Data, USD Index Falls 0.5%

LATAM
  • The shift lower in the front-end of the US yield curve continues to exert its influence, with USD/JPY now close to 5% off the multi-year highs printed in mid-July. The JPY continues to be the notable mover following the US GDP data, with the broad dollar index just falling 0.5% on Friday.
  • Focus looking forward turns to the MNI Chicago Business Barometer for July, at which markets expect a moderation to 55.0 from 56.0 previously. University of Michigan sentiment data release also takes focus, with the final revision of the inflation expectations component eyed in particular.
  • There are no central bank speakers of note.
103 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • The shift lower in the front-end of the US yield curve continues to exert its influence, with USD/JPY now close to 5% off the multi-year highs printed in mid-July. The JPY continues to be the notable mover following the US GDP data, with the broad dollar index just falling 0.5% on Friday.
  • Focus looking forward turns to the MNI Chicago Business Barometer for July, at which markets expect a moderation to 55.0 from 56.0 previously. University of Michigan sentiment data release also takes focus, with the final revision of the inflation expectations component eyed in particular.
  • There are no central bank speakers of note.