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Dollar index (USDX) falls below 105
The dollar is facing further pressure just now. The USD/JPY has reversed an earlier rise above 149.70 and that has allowed the GBP/USD and EUR/USD to rise to fresh session highs. This has all added further downside pressure on the dollar index (USDX). The index had closed on Friday at 105.02 and it has now fallen further below the 105 handle. The GBP/USD is approaching important levels, as it rises above 1.24 and the EUR/USD has traded above 1.0750 now this morning, although that move has just been slightly dented by some weaker than expected Italian PMI data, realised a minute or two ago.The French and German equivalent data will shortly be released and it might be interesting to see if that is revised lower too
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
