U.S. Treasuries sold off again | 15 Maret 2021

15 Maret 2021, EUR/USD

U.S. Treasuries sold off again

EURUSD trading plan:

Market participants have grown weary in recent days that there could be a spike in inflation caused by massive fiscal stimulus and pent-up consumer demand when economies reopen from their COVID-19 lockdowns. Although soft U.S. CPI data on Wednesday went some way to calm those fears, U.S. Treasuries sold off again, with the 10-year yield rising above 1.64%. This is a positive signal for the dollar. The European Central Bank said on Thursday that it would increase the pace of its money printing to prevent a rise in euro zone bond yields. This is a negative signal for the euro.

Investment idea: sell 1.1946 and take profit 1.1905.

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