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The US stock markets have now beeb open for nearly 30 minutes and it has been a positive opening for all three major indexes. The Dow Jones has pushed above that 38k level in early trading, reaching a high so far at 38,036. Both the S+P 500 and Nasdaq 100 indexes have opened in the green too, but the tech sector is flattering to deceive a little at the moment. The Nasdaq 100 closed last night at 17,713. It reopened today at 17,785 and the high seen so far has been set at 17,788 and it is backing away from that high right now, as the Dow seems to edge back a little. So, the risks of the opening gains petering out looks live right now. The index is currently trading at 17,730
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
The price action in the EUR/USD yesterday was certainly contained and as noted, the ECB rate cut was so well telegraphed it really had little negative...
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