{"id":823,"date":"2021-03-30T10:57:26","date_gmt":"2021-03-30T13:57:26","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=823"},"modified":"2021-03-30T10:57:28","modified_gmt":"2021-03-30T13:57:28","slug":"eur-usds-got-1-1600-on-agenda-bond-rout-worse-for-bund-versus-tsy-longs","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/03\/30\/eur-usds-got-1-1600-on-agenda-bond-rout-worse-for-bund-versus-tsy-longs\/","title":{"rendered":"EUR \/ USD&#8217;s Got 1.1600 On Agenda, Bond Rout Worse For Bund Versus Tsy Longs"},"content":{"rendered":"\n<p><strong>EUR \/ USD&#8217;s 1.1729 low lowest since Nov. 5, but 1.1600 targets are on tap<\/strong><\/p>\n\n\n\n<p>Better-than-forecast German, EU confidence, sentiment cushion fall \u2022 But Bund yields rise more painful for bund (euro) longs than Tsys (duration) 10\u00a0 -yr Bund-Tsy yields spread is by 2%, with Bund yields at -27bp<\/p>\n\n\n\n<p>Negative yields, spreads to Tsy mean bigger price losses when yields rise<\/p>\n\n\n\n<p>The Nov and Sep major lows at 1.1602 \/ 12 look to be the next key target\u00a0<\/p>\n\n\n\n<p>Also have the weekly cloud top and lower 21-week Bolli by 1.16 as targets<\/p>\n\n\n\n<p>There&#8217;s a 38,296 Fibo of the pandemic rebound at 1.1695, 1.17 support first  <\/p>\n\n\n\n<p>Last week&#8217;s IMM data showed specs bought ahead of 200-DMA, now at 1.1869<\/p>\n\n\n\n<p>Those longs likely getting washed out amid US-EU pandemic divergence trend<\/p>\n\n\n\n<p>Next US spending plans, strong March jobs data still on tap this week Might mark a near-term EUR \/ USD bottom after those events bring 1.16<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"746\" height=\"518\" src=\"https:\/\/wintrademarkets.com\/news\/wp-content\/uploads\/2021\/03\/image-21.png\" alt=\"\" class=\"wp-image-824\" srcset=\"https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-21.png 746w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-21-300x208.png 300w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-21-696x483.png 696w\" sizes=\"auto, (max-width: 746px) 100vw, 746px\" \/><\/figure><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"761\" height=\"536\" src=\"https:\/\/wintrademarkets.com\/news\/wp-content\/uploads\/2021\/03\/image-22.png\" alt=\"\" class=\"wp-image-825\" srcset=\"https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-22.png 761w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-22-300x211.png 300w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/03\/image-22-696x490.png 696w\" sizes=\"auto, (max-width: 761px) 100vw, 761px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR \/ USD&#8217;s 1.1729 low lowest since Nov. 5, but 1.1600 targets are on tap Better-than-forecast German, EU confidence, sentiment cushion fall \u2022 But Bund yields rise more painful for bund (euro) longs than Tsys (duration) 10\u00a0 -yr Bund-Tsy yields spread is by 2%, with Bund yields at -27bp Negative yields, spreads to Tsy mean [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=823"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/823\/revisions"}],"predecessor-version":[{"id":827,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/823\/revisions\/827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/826"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}