Treasury yields were mixed as the market consolidated. ECB’s | kamal
Treasury yields were mixed as the market consolidated. ECB’s Lagarde stressed rate hikes will not begin until after asset purchases are ended. Trading was also slowed as the CPI report looms Thursday. Wall Street was mixed and rather directionless & slumped into close. Oil drops on progress in US-Iran talks.
Today – Thin calendar with Dec trade report the highlight. Earnings - Chipotle, Pfizer & Yum! Brands.
Biggest FX Mover @ (07:30 GMT) NDZJPY (+0.46%) Rallied to 76.75 retesting 20 DMA for 4th day. MAs aligned however started turning lower, MACD signal line & histogram levelling off but well over 0 line, RSI at 57 in a pullback.
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