Final reminder about Quick News updates this week as USD Index comes off the boil
Following on from previous notifications, this is a final reminder to let you all know this analyst will be absent from tomorrow until next Monday October 2. In the previous notification I mentioned the US Richmond Fed index being due for release tomorrow at 12.30pm GMT. That was incorrect, as it is due out this afternoon, at 2pm GMT. This Fed index is quite often closely watched by the markets and so could have an impact later today. Meantime, the USD index (USDX) is now off its earlier post March 2023 highs. The index lifted to as high as 106.20 earlier today. It has since slipped back below 106. Overall, the trend higher remains intact though, but the earlier shine has now come off the dollar
Market News
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Bitcoin busts above triple top and sets new 2023 rebound high
Following on from an earlier update here, noting the prospect of Bitcoin potentially taking out the previous set of daily highs, the lead coin has now... -
Santa is on his way it seems as European stocks gain-check out the DAX now
The rise across the major European stock markets is extending right now. That has seen the FTSE 100 push further above 7,500 and the DAX rise towards... -
USD/JPY drops back below 148 as EUR/JPY unwind continues
All this week the price action in the EUR/JPY has been largely characterised by a downside reversal from what was an electric rise to above 164 (164...
