In his US wrap today, Adam said:
USD/JPY broke 100, EUR/USD broke the 200-day moving average and USD/CHF broke the August highs.
And he’s reminded me of another domino to watch … the 3% yield mark in US 10-years:
Not far away now and as taper talk continues and taper time approaches (FOMC meeting September 17 and 18 is when I expect confirmation of some degree of ‘tapering’).
