Trial now
STIR

Daily Effective Fed Funds Rate

EUROZONE T-BILL ISSUANCE

Bill Supply For W/C Jun 28, 2021

US EURODLR OPTIONS

Large Block Kickstarts Early Trade

SOY TECHS

(X1) Bearish Theme Intact

COPPER TECHS

(U1) Bearish Focus

DOLLAR-YEN
DOLLAR-YEN: Opened in Asia toward the lower end of yesterday's Y110.84 to
Y111.69 range, where reports that North Korea is preparing for a missile launch
test hit risk and underpinned the yen. There is no economic data or scheduled
events to influence direction in Asia. Regional equities will again be sourced
for direction, with an eye out on the wires for NK news. The early action this
morning has seen a knee-jerk reaction from around Y111.05 to Y111.30 on Powell's
'he expects interest rate to rise somewhat further'. Powell also said,
'uncertainty requires policy to be flexible and Fed must act decisively if the
economy faces new threats, the move reversed to Y111.02 just as quickly. Support
is located at Y110.71 (Daily cloud base), while Asia's Y111.30 top provides
initial resistance.