Forex Consulting

It’s all about the jump in bond yields

US 10-year yields are breaking out Yesterday it was more of a global move but today it’s all about the US as Treasury yields lead the way higher. It’s all about the tax bill at the moment, with the likelihood that it passes rising rapidly. Copyright 2015 Forexlive.com

Forex Consulting

Spain Q3 GDP final qq 0.8% as expected

Spain Q3 GDP final readings now out 30 Nov – 0.8% flash – yy 3.1% as exp/flash Ntg to see here. Is it 1 o’ clock yet? EURGBP continues it’s retreat and now 0.8805 lifting GBPUSD back up to 1.3470. EURUSD 1.1860 Copyright 2015 Forexlive.com