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European stocks set for a higher opening this morning- check out the DAX futures
Yesterday the rebound in European stocks saw the DAX once again reverse a fall below 19k. The exact low was set at 18,900 and the index later recovered to set at high at 19,152 and it closed very near that level, ending the session 141 points to the better, at 19,146. The gains on Wall Street last night and higher closes there have helped to lift the opening outlook for the DAX this morning. There is a caveat to that though and as repeatedly stated here, it is all about volatility. These markets are still in that mode and so nothing is certain right now, especially with the weekend looming. Right now though, the DAX is set to open higher this morning and currently that is above 19,200, but we do also know; how easily the scene can change on the very next headline. The DAX is currently priced to reopen at around 19,210
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DAX futures a little higher just now this morning
Earlier this morning the DAX was pricing a lower opening. The index stalled above 23k yesterday, as noted at the time and the fall from a high at 23... -
USD/JPY backs away from 151 and here is why it is up here in the first place
The rebound back above 150 in the USD/JPY did not look back yesterday and the dollar continued to advance into the US close, where it later ended the... -
Look at the DAX and look at the EUR/USD and ask yourself a question
As reported and covered here several times over the past week and more, the direction of the DAX and the EUR/USD are very much linked at the moment...
