Sterling weakens mildly today after UK sold government bond with a negative yield for the first time ever. According to the Debt Management office, It auctioned GBP 3.75B of 3-year bonds at an average rate of -0.003%. Demand was weak too with bid-to-cover ratio at 2.15, lowest since March. Nevertheless, Dollar and yen are not […]

The post Sterling Softens after UK Sold Bonds With Negative Yield appeared first on Action Forex.

Continue Reading

Previous: Dollar and Yen Soft, Awaiting Next Move in Risk Markets
Next: Sterling Soft as Risk Rally Pauses, Focus Turns to PMIs

Related Stories

shutterstock_1175858854 Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft 1 min read
  • Market & Economy

Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft

Jonathan Gonzalez 6 months ago
accounting-analytics-balance-209224 Dollar Drops Broadly on Positive Market Sentiment, Reversing? 1 min read
  • Market & Economy

Dollar Drops Broadly on Positive Market Sentiment, Reversing?

Jonathan Gonzalez 6 months ago
shutterstock_1293389239 Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains 1 min read
  • Market & Economy

Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains

Jonathan Gonzalez 7 months ago
A hospital bill for $36,000 with a line item of various charges is photographed with a very shallow depth of field. A credit card and a ballpoint pen rest out of focus in the background. Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA 1 min read
  • Market & Economy

Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA

Jonathan Gonzalez 7 months ago
Money-stethoscope-healthcare-billing-960x540 RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week 1 min read
  • Market & Economy

RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week

Jonathan Gonzalez 7 months ago
shutterstock_1293389239 Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind 1 min read
  • Market & Economy

Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind

Jonathan Gonzalez 7 months ago
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions