RichDvorakFX

RichDvorakFX

Crude oil prices fell as much as -2% early on Thursday, but the commodity has since snapped to trade back in positive territory. This leaves WTI crude oil, as measured by the front-month futures contract CL1! , hanging right around its 20-day simple moving average. Oil price action still trades about -3.5% lower from last Friday's close, though I wouldn't be...

RichDvorakFX

Treasury Yields in the Crosshairs Ahead of High-Impact Inflation Data Due Ten-year US Treasury yields have rallied 14-basis points since Friday's swing low Bonds are selling off again as investors grow weary of mounting price pressures US10Y could snap higher if monthly inflation data due for release tops estimates Taking a quick look at a daily chart...