Europe’s shared currency staged a modest recovery against the buck last week, snapping a two-week bearish phase a few points ahead of the 2016 yearly opening level at 1.0873.
Category: Recent
Friday 4th October: Asian markets mixed as investors await US jobs data.
Global Markets: Asian Stock Markets : Nikkei up 0.32%, Shanghai Composite down 0.92%, Hang Seng down 1.32%, ASX up 0.37% Commodities : Gold at $1514.15 (+0.02%), Silver at $17.65 (-0.16%), Brent Oil at $57.93 (+0.38%), WTI Oil at $52.63 (+0.34%) Rates : US 10-year yield at 1.527, UK 10-year yield at 0.452, Germany 10-year yield … Continue reading Friday 4th October: Asian markets mixed as investors await US jobs data.
Friday 4th October: Dollar on the backfoot ahead of US job’s data.
Renewed Brexit optimism as well as a waning buck provided a healthy boost to the British pound Thursday, clocking session highs at 1.2413 and running stops above the 1.24 handle on the H4 timeframe.
Thursday 3rd October: Asian markets slump amid new EU-US tariffs
Global Markets: Asian Stock Markets : Nikkei down 2.01%, Shanghai Composite down 0.92%, Hang Seng down 0.48%, ASX down 2.21% Commodities: Gold at $1509.10 (+0.08%), Silver at $17.77 (+0.48%), Brent Oil at $57.47 (-0.38%), WTI Oil at $52.56 (-0.15%) Rates : US 10-year yield at 1.575, UK 10-year yield at 0.493, Germany 10-year yield at … Continue reading Thursday 3rd October: Asian markets slump amid new EU-US tariffs
Thursday 3rd October: US equities tumble consequently bidding safe havens higher.
US dollar index fell sharply Tuesday, weighed by technical selling off long-term weekly resistance at 99.62 and dismal US manufacturing data. Further losses were observed Wednesday, consequently propelling Europe’s shared currency higher for a second successive session.
