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DAX futures on the rebound now as the opening looms
Since the last update here looking at the DAX futures earlier this morning, the opening call has improved. That is now seeing it priced closed to 23,400 again and if you look at the EUR/USD right now you will see it is close to session highs, having traded above 1.1330 a moment ago. That does being to mind the connection between the two at times recently. The DAX is continuing to attract significant inflow and as stated before; that is not just from its own shores. So, it will be interesting to see where the index will actually reopen shortly and whether or not it can launch an attack on the record high (23,476) reached earlier this year. The DAX is right now priced to reopen around 23,370
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Dow Jones in the red now as European markets head towards the close
As the 4pm London FX looms the European equity markets are off their worst levels of the day, but as things currently stand still likely to close... -
EUR/GBP slips towards 0.8400 again
A number of updates here over the past week and more have focused on the EUR/GBP holding above two important moving averages. Those are the 100 and... -
USD/JPY spikes higher after US Flash May PMI beats the street on both counts
The US flash PMI readings for manufacturing and services have just been released. Both have well beaten the forecasts. Manufacturing was at 52.3 and...
