Copper, EUR/USD, and CAC 40 Analysis Ahead of CPI
By Christopher Lewis | Published: September 11, 2026
Overview
The article discusses the recent movements in the financial markets, particularly focusing on the EUR/USD currency pair, copper prices, and the CAC 40 index, all of which are facing critical technical levels as the market anticipates the upcoming Consumer Price Index (CPI) data release.
Treasury Yields Surge
Recent trends show a significant increase in U.S. Treasury yields, particularly the 2-year yield, which has surged to 4.568%. This rise is notable as it trades well above both the 50-day Exponential Moving Average (EMA) of 4.260% and the 200-day EMA of 3.998%. The article highlights that this upward movement in yields is gaining global attention and is indicative of broader market trends.
Market Implications
The surge in Treasury yields is expected to have implications for various asset classes, including copper and equities. The article suggests that traders should be vigilant as these assets test key technical levels, which could lead to potential trading setups based on the CPI data release.
Technical Analysis
The article includes a daily candlestick chart for the U.S. 2-Year Treasury Yield, illustrating the recent price action and the significance of the moving averages. The analysis indicates that the current market conditions may lead to increased volatility and trading opportunities as investors react to the CPI data.