Euro Jumps on Treasury Yield Slide and a Technical Break. Higher EUR/USD?
The Euro appears to have broken the descending trend as the US Dollar faces a test of resolve with Treasury yields dipping lower. If the Euro holds ground, will EUR/USD rally?
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The Euro appears to have broken the descending trend as the US Dollar faces a test of resolve with Treasury yields dipping lower. If the Euro holds ground, will EUR/USD rally?
Conventional wisdom says voters don't care about foreign policy. Nearly two years into Europe's largest conflict since World War II, the conventional wisdom seemed to be right.
The Japanese Yen is facing scrutiny to start the week with USD/JPY edging toward prior peaks on growing unease around potential BoJ intervention. If USD/JPY pops, will the bank be selling?
The gold price pulled back to start the week after notching a five-week peak last Friday. Higher Treasury yields and US Dollar look to have been overrun by swirling risks elsewhere.
New Fusionism conservatism must be built on the political axiom that success comes from addition not subtraction.