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Justin Low

GBP/USD eyes 1.10 again on stronger dollar, UK outlook still short of confidence

We're seeing another fresh round of bids in the dollar as Treasury yields continue to pull higher on the day. 10-year yields are up nearly 10 bps to 4.32% and that is keeping...

BoJo allies reportedly ‘confident’ he can secure 100 backers for PM contest

The latest numbers are showing that Rishi Sunak has secured the backing of 45 Tory lawmakers, with Boris Johnson having 37 backers, and Penny Mordaunt with 16 backers. These are MPs who have...

German parliament approves suspending debt brake

And so it continues. The pandemic was the initial trigger for Germany suspending its debt brake and things haven't really gotten back on track since then. Considering the bleak outlook for next year,...

Dollar advances as equities remain sluggish, bond yields keep higher

10-year Treasury yields are now up over 5 bps to 4.28% and that is pinning equities lower, with S&P 500 futures now down 22 points, or 0.6%, on the day. Nasdaq futures are...

The shackles are starting to come off again for USD/JPY

The pair is now moving up to 150.70 as the dollar is pressing higher amid a softer mood in equities while bond yields are continuing to stay underpinned on the day. That is...

The bond market stays in charge ahead of the central bank bonanza

It has been rather one-way traffic since August as the Fed continues to reaffirm their resolve to tighten policy further since Jackson Hole. The events in the UK also didn't quite help with...

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