Currency Analyst since 2010


FXBAZOOKA.com - US dollar remains supported by the better-than-expected payrolls data. 10-year Treasury note yield jumped to a near one-month high of 1.965% on Friday before taking some wind out of the dollar's surge by pulling back to 1.922%. USD/JPY is trying to break above the 119.00 handle.

AUD/USD opened with a gap down hurt by the concerns about the slowdown of Chinese economic growth. Data released on Sunday showed that China’s trade performance slumped in January, with exports falling 3.3% from year-ago levels while imports tumbled 19.9%.

EUR/USD opened with a gap down below 1.1300, but then rose above this level. Greece’s new Prime Minister Alexis Tsipras announced his anti-austerity government program on Sunday and rejected the extension to the nation’s current bailout.

Here are the data releases to watch today:


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