Category: Forex News, News

What I Am Watching Today, Oct 12 – US2Y, Copper, EUR/USD, and USD/CAD

Daily chart of the U.S. 2-Year Yield (US02Y) on TradingView consolidating around 4.791% above EMAs at 4.560% and 4.143%.

The first market I’m watching, of course, will be the two-year yield. That’s been the game for a while. It is rising slightly during the day. Although let’s keep in mind, today is Columbus Day, so certain bank traders won’t be at work. In Canada, we have Thanksgiving, so North America is going to be pretty thin at this juncture.

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