Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Its all change again for the EUR/USD as it takes out 1.0400
Well, since the last update it looks like mounting risk aversion has gotten in the way of the EUR/USD as US stock futures continue to fall back even more. That has led to losses in the EUR/JPY right now and that in turn has completely derailed the earlier rise in the EUR/USD above 1.0450. The Euro has just now slumped below the 1.04 handle in what is fast become a rather nasty volte face for the single currency. This has surely caught a few players offside too. However, given the fact that the break above 1.0450 earlier was only about stops, the writing was on the wall when it failed to extend the move and then fell back. The EUR/USD is currently trading at 1.0385
Market News
All News-
Dollar index takes another step backwards as Euro and Pound advance versus the dollar
Further to the previous update nothing the rebound in the major Yen crosses, both the GBP/USD and the EUR/USD have just ratcheted higher again. The...
-
Bitcoin lifts above 103k as US stocks open with all guns blazing
It certainly was a positive start to the final US equity trading session of the week. Of course that higher opening was well ordained by the charge...
-
S+P 500 eyeing opening close to 6k now as Dollar rebounds on data beat
Since the last update here on the Nasdaq 100 and the rise in the futures price, that has now advanced by around another 200 points. The Dow Jones and...
