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GBP/USD edging back towards technical support
As the EUR/USD falls a little further below the 1.0800 handle that is adding downside pressure onto the GBP/USD, notwithstanding a corresponding fall in the EUR/GBP at the same time. The GBP/USD is now edging back towards the 1.26 handle again and hence closer to its 200 day moving average, which has been capping the downside all week so far. That is in place this morning at 1.2590. The GBP/USD closed last night at 1.2640. The low seen so far this morning has just been set at 1.2607. It is right now trading at 1.2607
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USD/JPY drops back as Nikkei 225 leads Asian stocks lower
As just noted when looking at the Nasdaq 100 futures this morning, the Asian markets are all in the red today and the losses are currently being led... -
Nasdaq 100 out in front again- futures slightly lower this morning
It was the tech sector and the Nasdaq 100 that led the US markets into the close once again. The index closed above 21,300 for the first time since... -
Nikkei 225 futures leading US and European stocks lower now- DAX falling back again
Since the US opening this afternoon the Nikkei 225 has been underwater and that is now seemingly dragging both the European and US stock markets lower...
