FXstreet.com

Bank Recomendations

This report has been deactivated

6

0

A reversal seems to be taking shape, especially in U.S. Treasuries

Tue, Jun 16 2009, 06:13 GMT
by Benny Menashe

Finotec Group Inc.


NOMURA

BUNDS: "On the topside, a sustained break and close above 118.69 would be the minimum requirement to instil some momentum... A reversion back through 118.10 on the other hand would raise further question marks and if the low at 117.47 were to go as well, the potential for further downside would be significant."


COMMERZBANK

US TREASURIES: "A reversal seems to be taking shape, especially in U.S. Treasuries. If the yield of ten-year notes returned to 3.74 percent, further progress would be made in this regard. Whilst today's U.S. data may not be conducive to this happening, they should not critically jeopardise the recovery. However, the recovery would probably be postponed if the yield of ten-year Treasuries climbed above 3.87 percent again. The 3.80 percent mark should be an obstacle ahead of this level."


Finotec  | Global financial trading center, 1 Grivas Digheni and Chrysanthou, 3035 Mylona P.O.B 58007, Limassol
http://www.finotec.com/ | support@finotec.com

Legal disclaimer and risk disclosure

FINOTEC Trading’s Market Commentaries are provided for informational purposes only. The information contained within these reports is gathered from reputable news sources and not intended as investment advice. FINOTEC Trading assumes no responsibility or liability from gains or losses incurred by the information herein.

Related reports

Technical analysis: Euro-Bund Future - Euro-Bund future –Dec 2009 by Mizuho Corporate Bank
Mon, Nov 23 2009, 08:44 GMT

Weekly Market Commentary - The trend to lower interest rates continues by Mizuho Corporate Bank
Fri, Nov 20 2009, 15:48 GMT

Daily Market Report - There are indications that the market is reducing its exposure to risk by Wells Fargo Investments, LLC
Fri, Nov 20 2009, 15:19 GMT

Technical analysis: US Ten Year Note Future - US TNote Future – Dec 2009 by Mizuho Corporate Bank
Tue, Nov 17 2009, 09:13 GMT

Forex Technical Report - Weaker Dollar Continues to Drive Equity Markets Higher by ForexHound.com
Mon, Nov 16 2009, 13:19 GMT

bunds, treasuries

View All

Related content

Learning from your own mistakes: Japan buys Treasuries
Forex Live | Mon, Nov 9 2009, 03:41 GMT

UK Treasury: Banking Reform Needs To Take Place Over Time
Dow Jones | Wed, Oct 21 2009, 10:20 GMT

Forex: EUR/USD holds steady near 1.4800
FXstreet.com | Tue, Sep 22 2009, 18:05 GMT

Demand for Treasuries remains strong
Forex Live | Thu, Aug 13 2009, 23:03 GMT

Yield on 30-year Treasuries rise as demand drops
Forex Live | Thu, Jul 9 2009, 21:50 GMT

bunds, treasuries

View All

Interested in forex trading? forex brokerage firms!


FX Solutions LLC
Contact the broker/FDM
Open a demo account
FOREX.com
Contact the broker/FDM
Open a demo account
City Credit Capital (UK) Limited
Contact the broker/FDM
Open a demo account
Capital Market Services, L.L.C.
Contact the broker/FDM
Open a demo account
IG Markets
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.