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USDCAD TECHS

Bullish Price Structure Intact

AUDUSD TECHS

Needle Points South

US TSY OPTIONS

BLOCK, Huge 5Y Put Buy

EURJPY TECHS

Probes The Bear Trigger

USDJPY TECHS

Range Base Holds Firm

JGBS
JGBS: The JGB curve shifted lower on Monday, extending Friday's losses in line
with US and eurozone bonds, thanks in part to hawkish comments from ECB's
Villeroy who hinted at a sooner-than-expected end to QE in the currency bloc.
- The 10-year continues to edge below short-term support at the 50DMA (currently
at 150.80), with the next level of support at the 100DMA currently at 150.59.  
- The 2s10s curve steepened slightly while the US/JP 10-year spread widened back
to 294.9, testing its May 8 high. 
- Upcoming preliminary Q1 GDP figures could provide impetus for a move lower
particularly if the deflator beats expectations.