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Weaker dollar and higher stocks sends BTC surging above technical resistance
As noted here much earlier today, Bitcoin came close to busting above its 50 day moving average, at 61,408. That had shifted slightly lower following...
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GBP/USD touches 1.32 for the first time since March 2022
The slide in the dollar following the comments from Jerome Powell has sent the Pound charging higher and it has reached a high a short while ago, at...
Market news
- USDJPY
USD/JPY extends rebound back towards 156
Read moreThe Dollar is making some further headway now versus the Yen. The USD/JPY is just now pushing back towards the 156 handle and that is in sharp...
- FDAX
DAX lifts above 21,500 as the dynamic rally continues to levels not seen before
Read moreIf you were told the technical picture on the DAX could see it extend towards 26k over time, you might think that just daft. Well, this is a re...
- Z
FTSE 100 falls back from record as GBP/USD presses higher and UK PMIs beat forecasts
Read moreThe FTSE 100 has now fallen into the red, bucking the gains still in place in the likes of the DAX and the CAC. The lower oil price this morning is...
- USDX
Dollar index (USDX) hits new 2025 lows as EUR/USD vaults 1.0500
Read moreLast night, despite coming under pressure, the dollar index (USDX) managed to hold its ground above 108 into the US close. The index ended that...
- FCE
CAC 40 has 8k in sight now this morning
Read moreThe CAC 40 was the best performing major European stock market index yesterday, when it closed at 7,892. It reopened markedly higher this morning, at...
- EURUSD
EUR/USD lifts on better German and French PMI data
Read moreThe EUR/USD was lifting again just ahead of the French January flash PMI data, lifting above 1.0480 (1.0488 seen afterwards) and hence reaching a new...