sam
unread,May 21, 2013, 9:47:47 AM5/21/13You do not have permission to delete messages in this group
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Hiya,
this extract is appropriate
UST yields are higher across the curve and
10-year yields are testing the pivotal 2.00% level, and the dollar index is
lower after being rejected from bearish channel resistance yesterday.
;
Furthermore, you should understand what follows:
U.S. equities rallied sharply with the
DJIA finishing up by about +1.50% and the S&P 500 advancing by around +1.54%
to close the day,
Recently, a push above 1.0400 for AUDUSD has sent the
pair towards a major resistance line around 1.0450,
and the economic
sentiment index advancing to 23.4 from 22.3, representing the fifth
consecutive rise.
In Europe, CPI remained held steady at 2.7% y/y which is
well above the ECB�s target rate and the April ZEW survey results showed
unexpected improvement in Germany and the Euro zone.
Sentiment was broadly
higher and the dollar was mostly softer after positive developments in
Europe,
Thanks