USD: Downside continuation

Aug-11 09:10
  • Despite the pullbacks in Risk, some downside continuation for the USD, at session low against the EUR, GBP, CAD, CHF, NOK, SEK, AUD, THB.
  • Immediate resistance for EURUSD is at 1.0344/68 Channel top from Feb 10 high / High Aug 10.

Historical bullets

CROSS ASSET: Bund jumps 20 ticks on the German ZEW miss

Jul-12 09:08
  • A 20 ticks jump in Bund, UK gilt, BTP and OAT are also ticking higher.
  • Next resistance for Bund is at 153.36 High May 31
  • But a much more limited impact in FX and EUR.

ITALY T-BILL AUCTION RESULTS: 12-month BOTs

Jul-12 09:07
Type 12-month BOT
Maturity Jul 14, 2023
Amount E7bln
Target E7bln
Previous E6.5bln
Avg yield 0.722%
Previous 0.893%
Bid-to-cover 1.41x
Previous 1.41x
Previous date Jun 10, 2022

GILT AUCTION RESULTS: 1.00% Jan-32 Gilt

Jul-12 09:04
1.00% Jan-32 Gilt Previous
Amount GBP2.75bln GBP2.50bln
Avg yield 2.145% 2.296%
Bid-to-cover 2.45x 2.85x
Tail 0.2bp 0.2bp
Avg price 90.163 88.845
Pre-auction mid 90.111 88.806