US yields continue their move lower:
- 2-year yield 4.924% -14.6 basis points
- 5-year yield 4.620%, -19.8 basis points
- 10-year yield 4.706% -16.8 basis points
- 30-year yield 4.906% -11.8 basis points
At the start of the Asian-Pacific session, US yield curve look like the following:
- 2-year yield 4.954% -12.1 basis points
- 5-year yield 4.662% -15.6 basis points
- 10-year yield 4.742% -13.3 basis points
- 30-year yield 4.935% -8.9 basis points
The move lower continues to support USD selling:
- EURUSD is trading to a new session high at 1.0600
- USDJPY is trading to a new low at 150.36
- GBPUSD is trading to a new session high at 1.21928
- USDCHF is trading to a new session low at 0.90466. The pair is approaching key support at the 100 hour MA at 0.90427. There should be some stall at the level on the first look with a stop below.
- USDCAD has fallen below its 100 hour MA at 1.3849 and has extended to a low of 1.3828. The next major target will be at swing lows from Monday and Tuesday near 1.3811.