Germany 10-Year Bond Auction comes in at 3.39%
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Germany’s 10-Year Bond Auction yield was reported at 3.39%. This figure compares with the previous auction’s yield of 3.26%. No consensus figure was available for this release.
Following the release, the euro showed varied movements against major currencies over the initial 15 minutes. EURUSD traded -8.2 pips lower, while EURJPY was down -1.8 pips. EURCAD declined by -4.9 pips, and EURCHF moved -2.8 pips lower. EURGBP saw a -0.6 pip decrease. In contrast, EURNZD gained 11 pips. EURAUD was down -1.6 pips. For context, after past Germany 10-Year Bond Auction releases, EURUSD has typically seen a median 1-hour move of 6 pips, with top-quarter moves exceeding 9 pips. EURJPY’s median 1-hour move has been 8 pips, and EURNZD’s median 1-hour move has been 9 pips. The measured moves for most pairs so far are relatively small compared to their historical median 1-hour movements.