By Andrew M Spencer — Dec 28 - 07:05 PM
+0.15% as the USD/JPY -0.35% leads the USD lower in early Asian trading
Yield spread widened in NY, 10yr bund flat at 2.514%, 10yr UST +3bp 3.877%
Ukraine war will be key for EZ economy and inflation outlook in 2023
Zelenskiy's 10-point peace plan nL8N33I06K, rejected nL8N33I1CQ
Parties so far apart a compromise seems unlikely, but it is a start
Charts; euro stalled below pivotal 1.0743 61.8% 2022 fall - capped mid Dec
Momentum studies fall, 5, 10 & 21 day moving averages edge higher
21 day Bollinger bands contract - topside bias while 1.0583 21 DMA holds
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary