Positive dynamics of the U.S. debt market | 28 Diciembre 2021

28 Diciembre 2021, EUR/USD

Positive dynamics of the U.S. debt market

EURUSD trading plan:

Short-dated Treasury yields leapt to the highest in almost 22 months in Tokyo amid bets the U.S. recovery will stay on track despite the risks from Omicron, leading to a Federal Reserve rate hike as soon as March. The two-year yield, which is very sensitive to interest rate expectations, hit 0.76% for the first time since early March 2020, a more than 5 basis point jump from Monday's close. Ten-year yields, by contrast, were little changed at 1.48%, consolidating in the middle of the range of the last several days. Money markets put better than 50-50 odds on a hike at the Fed's March meeting, and consider one by May a certainty. This is a positive signal for the dollar.

Investment idea: sell 1.1350 and take profit 1.1300.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.