The markets are generally calm and the G10 currencies are negotiated in the mixed manner against the US dollar (USD), without theme or your obviously clear risk while we are heading for the Na of Tuesday, the chief strategist of the scotiabank, Shaun Osborne, notes.
The USD is mixed against G10 Currences
“JPY, GBP and Sek outperform with modest gains, while the CHF and AUD are low and MXN is in marginally.
“In Germany, the incoming chancellor, Merz was unable to obtain a parliamentary vote for his confirmation, throwing a veil on the German Dax and the European stock markets. Yields calmly consolidate around 4.35% while the German 10Y does the same thing above 2.50%.
“Technically, candle graphics show that WTI” hammered “on Monday with a training in” Doji Hammer “, generally considered to be an updated reversal candle. The Na session, the accent will be placed on the scheduled meeting between President Trump and PM Carney.
