The final week of the month and the quarter is delivering its share of
negative US economic surprise, to the extent of moving growth worries nearer to inflation fears—at least in the eyes of the bond market. Fed officials reiterated how inflation remains the top priority, while attaching the ubiquitous disclaimer on the difficulty of avoiding recession. The 7 charts below encapsulate the broadening pullback in bond yields, inflation expectations and gasoline prices.
Thanks for the comments - seems like your oils predictions lower are spot on.
Thanks
Are you still confident baout shorting NZD to 0.64800?
Wat about AUDNZD? It seems like a downward channel, currently at the top resistance line as you mentioned yesterday.