Posts Tagged ‘singapore dollar’
Currency Articles - May 13, 2013 22:39
Bond Yields Rise On QE Tapering Rumor
Long maturity bonds from a number of important governments have been rising for the past few weeks, most notably U.S. Treasuries after hitting an interim low yield of 2.812% have risen steadily since then, closing at 3.125% today and threatening April’s high yield of 3.14%. It is looking more and more probable that we will […]
Euro Ends Week Strong, Confirms New Uptrend
The Euro confirmed last week’s breakout with a closing price above the important $1.32 level which improves the probability that this latest move higher is a sustainable one that is capable of taking it back to $1.35 over the next few weeks. In my mind, looking over a number of crosses, the Euro breakout is […]
Euro Bullish Breakout
In yesterday’s blog I noted that the Euro / US Dollar cross was approaching breakout territory. The Euro last Friday put in the highest weekly close versus the Dollar since late May and was threatening last week’s high at $1.317. Yesterday took the price of the Euro over that level and today it has followed […]
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