There’s not a lot in it to this point at present as we’re nonetheless caught within the midst of the Thanksgiving vacation interval within the US. Main currencies are missing urge for food for probably the most half, after the greenback traded extra combined yesterday. USD/JPY is down 0.2% to 149.27 however the slight drop at present comes after an honest bounce again to above 149.00 yesterday.
Taking a look at broader markets, it is all somewhat tentative in the meanwhile. And that’s not leaving merchants a lot to work with as we get into the ultimate stretch of the week.
US markets will return at present however Wall Road will see a shortened day in any case, to not point out with the dearth of liquidity. Within the bond market, 10-year Treasury yields are up 4.5 bps to 4.460% as we do see the 100-day shifting common at 4.366% presently maintain up. That may proceed to be the essential stage to look at going into subsequent week.
