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USD/JPY slipping again as US stock market opening outlook deteriorates
The opening call for the US stock markets have deteriorated over the past couple hours since oil prices rose and Brent traded above $115. Hence, the opening call for the S+P 500 is just now close to session lows in terms of the futures price and not much above 7,630.
This in turn has delivered a risk-off tone across the markets and sent the Yen higher. US Treasury yields have not moved either, so this looks risk based. Earlier the USD/JPY traded back close to the 157 handle. It has just now fallen to around 156.40. It is currently trading at 156.43
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Not bad US PMI data helps dollar to lift- check out the USD/JPY again (corrected)
The US October flash PMI readings for services, manufacturing and the composite between the two have just been released. We noted earlier, how the...
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Not bad US PMI data helps dollar to lift- check out the USD/JPY again
The US October flash PMI readings for services, manufacturing and the composite between the two have just been released. We noted earlier, how the...
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US stocks open well in the red as Oil advances further- Dow Jones slides
Just ahead of the noted US PMI data due shortly the US stock markets have reopened and it has not not been a very good start to the day. All three...