Attention may turn to the U.S. 7-year Treasury auction

Attention may turn to the U.S. 7-year Treasury auction

27.04.2021

Yesterday, the Nasdaq and S&P 500 hit all-time highs on the stock market, with the S&P 500 closing at 4,189 points, up 0.22% from the previous day.Although yesterday’s U.S. durable goods orders came in at 0.5% versus a forecast of 2.5%, the impact on the market was limited. The fear index (VIX) has fluctuated around 18 over the past week and currently stands at around 17.6.

In line with the strong performance of the U.S. stock market, Oceania currencies are holding firm. From a technical perspective, the EUR/AUD pair is facing resistance at the 20-week moving average, while the AUD/USD pair is finding support at the 20-week moving average. The AUD/JPY pair is attempting to break above the 83.0–84.5 range, and we should remain vigilant for a potential rise to the next resistance level at 85.5.

Today’s schedule includes a press conference by Bank of Japan Governor Kuroda at 3:30 p.m., the U.S. S&P/Case-Shiller Home Price Index at 10:00 p.m., the U.S. Consumer Confidence Index and remarks by the President of the Richmond Fed at 11:00 p.m., a U.S. 7-year Treasury auction at 2:00 a.m., and remarks by Bank of Canada Governor McClem at 3:00 a.m.We will be closely monitoring how the yen’s weakening trend and the dollar’s strengthening trend evolve ahead of tomorrow’s U.S. FOMC meeting.

Past Market Reports

1. 20.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

2. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

3. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

4. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

5. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

6. 13.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

7. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

8. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

9. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

10. 07.04.2026

    Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran