US 10-Year Bond Auction At The Top Of The Hour – Forex Anatomy

US 10-Year Bond Auction At The Top Of The Hour

Since inflation & bond rates have been the market’s focus for establishing risk sentiment in the dollar, and dollar-denominated assets, today’s US 10-Yr Bond auction will be closely monitored.

Most analysts believe this auction may have a significant impact on the value of the US Dollar. Lately, the greenback (USD) has been quite calm & neutral, as it awaits tomorrow’s US inflation data (CPI) and the Fed’s FOMC Meeting Minutes from their recent gathering. This auction will provide come clarity on dollar conviction and the manner in which investors are willing to take on risk in view of the global inflation outlook. This auction data will be coming up at the top of the hour, at 1:00pm EDT.

US 10-YR Bond Auction Historic Data

 


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About the Author Marvin Perry

Marvin Perry has been an active trader within the Forex market since 2010. He attended the University of Illinois in Urbana/Champaign, and graduated in 2002 with a double major in Cell and Structural Biology and Chemistry. He currently serves as an FX instructor & Quantitative Analyst for the Forex Anatomy Private Trading Community called "The Lab", where he conducts live weekly trading webinars & instruction on Fundamental Analysis & Inter-Market Interpretations of dynamic asset classes and their influence on currencies.

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