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Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
TECHNICAL CHARTS
FUNDAMENTAL CHARTS
Morning Briefing Dollar-Yen (112.25) has dropped further as expected and might touch 112 by next week. A further decline towards 110 near support on weekly candles could happen by Jan if the US-Japan yield spread (2.313) finally drops towards 2.28 after having hovered near resistance (2.35-2.36) for couple of months.
The US yields have come down to test support levels and is likely to bounce back in the next few sessions. View is bullish for the early trades next week.
The US-Japan 10Yr (2.31%) is falling as expected. A further fall towards 2.28% or lower could bring down Dollar Yen also to lower levels.
The German-US 10YR (-2.04%) is stable at levels seen yesterday. The yield spread could test immediate resistance and could come off towards -2.08% or lower in the near term, indicating a fall in Euro too.
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