Category: Forex News, News

What I’m Watching Today – Falling Rates, Euro, Yen, and Copper

Daily chart of the US 2-Year Yield showing price pulling back toward 4.735% following US employment data.

The 2-year yield I’m watching is dropping after the jobs report came in very anemic on Friday. We had anticipated 90,000 jobs added; we got 29,000. So, the idea is maybe the Federal Reserve won’t have to raise rates as quickly. We’ll have to wait and see, but this will have a major influence on how certain assets play out, and that is in the back of my mind.

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