U.S. bond yields slipped on Monday, weighing on the dollar against the yen, as the euro struggled to find momentum after suffering significant losses at the end of last week on renewed concerns about the upcoming French elections.

Markets, Read More →

Key Points

• The Euro after trading as high as 1.3901 against the Aussie dollar started correcting lower.
• A previous broken bearish trend line on the hourly chart of EURAUD is now acting as a support near 1.3810.
• Today, the German Read More →

There are two important themes currently apparent in the euro area: 1) the strong recovery in inflation and in the economy, and 2) political risks ahead of the elections.

Both these themes are euro area bond market unfriendly, especially Read More →

GBP: By far, Sterling is the most undervalued of G10 currencies, in trade weighted terms standing almost 20% below its long-term fair value (LTFV) and by over 30% against the most expensive currencies (AUD, NZD), which is simply unsustainable.