Fx Primus Rebates

So, Who’s the New Guy?

Hey ForexLive. Well That’d be me! So my name is Dane Williams and I’m happy to be here filling in for Justin over the next few weeks. I’ve been around forex markets in various capacities, for the last 10 years or so, with my last role working as an analyst for a retail broker while…

Fx Primus Rebates

Japan – yield on 10 year JGBs at a six month high

The 10 year is the ‘benchmark’ yield on Japanese Government Bonds  – Its has registered a 6 month high in trade in Japan this morning – Yield at 0.09% You’ll recall the BOJ target is to maintain 10-year JGB yield target around zero %. There is no BOJ buying of 10 year JGBs scheduled today…

Fx Primus Rebates

Crude oil is up but stalling near 200 hour MA

MA and 38.2% slowing the rise Yesterday, crude oil moved sharply higher on the back of news that Saudi Arabia will keep production in July near June levels and they expected to oil exports to drop in August (so unlikely to raise production).   The price moved to the 38.2% and stalled.