Increase in Treasury bonds yields | 09 Maret 2021

09 Maret 2021, GBP/USD

GBPUSD trading plan:

The yield on the benchmark 10-year Treasury yield last traded at 1.585%, having jumped to a one-year peak of 1.62% late last week. The speed of the rise in U.S. yields is impacting positioning – especially short dollar positioning – and until we begin to see a little stability in Treasuries, the risk is that this bear market bounce in the dollar runs a little further. A bullish rally in the oil market will have a positive impact on the value of the British currency, as the assets are correlated with each other. The meeting saw OPEC+ mostly rolling over its production cuts into April, and Riyadh extending its voluntary 1 million barrels per day curb by one more month. This is a positive signal for the oil market!

Investment idea: range 1.3800 -1.3890.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus