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Weekly Key Reversals Up last week in #USDCAD, #USDMAD (…just!), #Futures in US #TNote, Chicago Rough #Rice & Chicago #Soybean Oil!

April had Monthly Key Reversals Up in #AUDUSD, #NZDUSD, #Bitcoin, #Futures on US #TNote, UK #Gilts (…just!), NY #Coffee, Chicago #Soybeans & Lean #Hogs!

Last week had Weekly Key Reversals Down in #USDTHB, #EURRON, #USDPLN & #USDSGD (both Immediate Countering), #USDHUF, #USDKRW (Compound), #USDRUB, #Futures on US #TNote & #TBond, UK #Gilts, #Brent / #Gasoil Spread & Paris Milling #Wheat!

Trump tariffs spark US government debt sell-off The cost of borrowing for the US government rose as confidence in the economy waned.

"We are entering uncharted territory," said George Saravelos, global head of FX research at Deutsche Bank.

That's not good.
#bonds #tnote #economy

www.bbc.com/news/article...