Australian Dollar Declines As 10-Year Bond Yield Rises On Inflation Fear
Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, continuing its winning streak for the fifth successive session.
EUR/GBP Gathers Strength Above 0.8750, BoE Rate Decision In Focus
The EUR/GBP cross gains traction to near 0.8775, snapping the two-day losing streak during the early European session on Tuesday.
Japanese Yen Benefits From Global Flight To Safety; BoJ Uncertainty Might Cap Gains
The Japanese Yen (JPY) attracts some safe-haven flows on Tuesday amid a turnaround in the global risk sentiment.
Rates Spark: Volatility Calms—We’ll Take It
US Treasury yields look like they want to nudge higher when they can. And why not, as corporate earnings are firm, and hard macro data is being kept under shutdown wraps. New lows in euro rate volatility help spreads on EGBs tighten further.