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Greg Michalowski

Major US indices build off of yesterday's reversal

<p>The major US indices are trading higher in early trading, continuing the advance seen yesterday which saw initially a sharp move lower that saw the S&P test the 50% of the range since...

USDCHF returns to a familiar place

The USDCHF raced higher after the better than expected CPI data. That took the pair to a new 2022 high and to the highest level going back to May 2010 (see daily chart...

USDCAD tests its 200 hour MA. Bounces. Trades between 100/200 hour MAs. What now?

The USDCAD USD/CAD The USD/CAD is...

US treasury auctions off $18 billion of 30 year bonds at a high yield of 3.93%

High yield 3.93%tail 1.0% vs. six-month average of -0.6 basis pointsbid to cover 2.39X vs 2.37X average over the last 6 auctionsDirects 18.65% vs 17.4% over the last 6 auctionsIndirects 69.1% vs 70.0%...

US treasury auctions off $32 billion of reopened 10 yr notes at a high yield of 3.93%

WI was at 3.914% at the time of the auction High yield ...

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