CZK: EURCZK Falls Back to Weekly Lows
May-07 15:25
- EURCZK has fallen to a new session low, finding support at 24.88, where both Monday’s and Friday’s lows lie. A break here would turn attention to 24.8450, the Mar 26 low, and place the cross at its lowest since June 2024.
- The koruna has shown resilience to the recent dip in US equities given the move has not been reflected across European benchmarks, while CNB communication following today’s 25bp rate cut can generally be described as ‘cautious’ – as was expected.
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MNI EXCLUSIVE: MNI speaks to the ECB's former director general of research
Apr-07 15:23
MNI speaks to the ECB's former director general of research Lucrezia Reichlin.-- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
US TSYS: Latest Tariff React - Risk-Off
Apr-07 15:21
- Still weaker, Tsys pare losses after latest from Pres Trump threatens China with additional 50% tariff after China responed late last week with 34% duty in turn.
- Tsy 10Y futures blipped to 112-25 from 112-04, 10Y yield slipped to 4.0619% now 4.0941%. Curves remain steeper, s2s10s +8.464 at 42.083.
- Stocks reacted negatively to the latest, SPX eminis at 5044.0 (-67.0).
FED: US TSY 26W AUCTION: NON-COMP BIDS $1.542 BLN FROM $68.000 BLN TOTAL
Apr-07 15:15
- US TSY 26W AUCTION: NON-COMP BIDS $1.542 BLN FROM $68.000 BLN TOTAL
