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German September IFO index slightly better than forecast-check out the EUR/GBP
The German IFO business climate index has now been released and it was slightly better than forecast, but not really to any degree to evoke much of a market reaction. The EUR/USD did lift slightly on the news, as did the DAX, but nothing that is conclusive at all at this stage and rightly so, because this data was nothing to shout home about really. The pair I am looking at right now in that respect is the EUR/GBP. Now earlier that stalled just above 0.8700 again, having done the same on Friday. I remind the reader of the level at 0.8712 which is still guarding the topside at the start of this week. The EUR/GBP closed on Friday at 0.8696. The range seen so far today has been covered by 0.8685 to 0.8702. It is just now trading at 0.8691
Market News
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US stocks now turn positive-check out the S+P 500 moving back into the black
The lower opening across the US stock markets has now turned around and all three major indexes are edging back into positive territory. Earlier this... -
Bitcoin falls below 86k as Nasdaq 100 opening losses deepen
Following on from the previous update looking at the lower US stock market opening in general and the Nasdaq 100 in particular. The Nasdaq has now... -
US stocks open in the red- check out the Nasdaq 100
The US stock markets have just reopened and rather unsurprisingly it has been an across the board lower start to the session. The s+P 500 has just...
