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Germany's Bund yield drops to lowest since May on safe haven flows
LONDON, June 12 (Reuters) - Germany's 10-year yield dropped to a near six-week low on Thursday as bonds benefitted from safe haven flows on market jitters about trade and tensions in the Middle East, a day after soft U.S. inflation numbers. Germany's 10-year Bund yield, the benchmark for the...Reuters
Thu, Jun 12
Brent eyes $72 and $75.40 as next resistance levels – Société Générale
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale's FX analysts note, Société Générale's FX analysts note.Fxstreet
Thu, Jun 12
A sobering ECB report on the role of the EUR – Commerzbank
Some ECB officials, including the President herself, have recently made no secret of their ambitions to establish the euro as the world's new reserve currency, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Thu, Jun 12
USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group
US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jun 12
