Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar kicks off Q2 with a bang-check out the EUR/USD right now
The gains in the dollar resultant from the much better than forecast ISM data yesterday have not yet been pared back this morning. In fact, if anything it is the other way around. So, the dollar has certainly kicked off Q2 off with bang and that is adding fresh downside pressure on the EUR/USD. The Dollar index has reclaimed the 105 handle at the same time too. So, the EUR/USD is on session lows right now and under further pressure this morning. The previously noted next level is now clearly in sight and that is the low seen on February 14, at 1.0695. This level was mentioned here before in prior updates and remains the next potential support level of any note. The range seen in the EUR/USD so far today has been covered by 1.0725 to 1.0745. It is just now trading at 1.0726
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
