Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar turns lower again as US yields slip-check out the EUR/USD right now
The earlier modest rebound in the US dollar has now given way to further downside. The USD index (USDX) has tested the noted 104.01 level and the EUR/USD has just hit a fresh session high at 1.0873. At the same time the USD/JPY has rejected a sustained move above 151.75 and turned lower. The GBP/USD has taken out the noted 50 day moving average this time and is just now extending above that 1.2669 price point. The USD/CAD has fallen back further below its 200 day moving average (1.3503). The move higher in the EUR/USD is taking that close to another potential resistance level, at 1.0876. That is where the 100 day moving average comes into play right now. The move lower in the dollar comes amide further gains for the US equity futures ahead of the opening this afternoon and all seem predicated on the fact that US yields are now turning lower again
Market News
All News-
A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
