Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD edges back again following US jobs release and US stock market opening
Earlier today the EUR/USD fell back from an early European session high above 1.11 (1.1108 the high). The fall that followed saw it eventually drop to a low at 1.0965 and that low was just ahead the noted, important support at 1.0955. So, as you can see and as expected, the Euro held that level well and that rebounded again. The high seen ahead of the US jobs report was set at 1.1089. It has since fallen back though and it is tracking back towards 1.10 again. The wider picture has the range surrounded by 1.0955 and 1.1144. To be honest with you, it can do whatever it likes inside of that without necessarily shifting the dial. That said the dollar is in slightly better shape right now, but it remains to be seen if that will endure ahead of the weekend and after the US stock markets reopen. The EUR/USD is right now at 1.1010
Market News
All News-
Nasdaq 100 continues to lead the way as the 4pm London Fix approaches
As the 4pm London FX fix approaches, the dollar is just coming back from earlier highs. That saw the EUR/USD fall back to 1.1456. It was just now... -
USD/JPY unfazed by lower than forecast Richmond Fed index
The April EU consumer confidence and US Richmond Fed indexes have just been released. The markets were expecting the EU consumer to feel a little less... -
US equity markets open higher and advance in early trade -check out the Nasdaq 100
As expected and priced into the futures beforehand, the US equity markets did open higher this afternoon and despite some initial wobbly price action...
