Speculators' net bearish bets on U.S. Treasury | 10 Enero 2022

10 Enero 2022, EUR/USD

Speculators' net bearish bets on U.S. Treasury

EURUSD trading plan:

CFTC data further showed that net bullish bets on U.S. 2-year Treasury note futures fell to 41,999 contracts, their smallest net long position since early December. The week before, net longs on 2-year note futures soared to 87,804 contracts, their largest in more than five years. U.S. 2-year notes also mirror Fed rate view expectations. U.S. Treasury yields surged this week following the release of the of the Fed minutes on Wednesday, which suggested an earlier-than-expected rate hike and the possibility that the Fed may reduce its balance sooner than many anticipated. Fed funds futures imply an 80% chance of a 25-basis point tightening by March, and more than three rate hikes by the end of the year.

Investment idea: buy 1.1315 and take profit 1.1362.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus