The US dollar index, or ‘DXY’, toppled its 99.00 threshold despite noticeably weaker-than-consensus US PPI data. Leaving 1.10 unchallenged, the H4 candles found resistance off September’s opening level at 1.0989, guiding the EUR/USD to a session low of 1.0940 on the day.
Global Markets: Asian Stock Markets : Nikkei up 1.01%, Shanghai Composite up 0.46%, Hang Seng up 0.71%, ASX up 0.45% Commodities: Gold at $1495.45 (-0.59%), Silver at $17.44 (-0.58%), Brent Oil at $58.84 (+0.84%), WTI Oil at $53.23 (+0.91%) Rates : US 10-year yield at 1.582, UK 10-year yield at 0.447, Germany 10-year yield at … Continue reading Tuesday 8th October: Asian markets gain amid trade talk hopes
Europe’s single currency kicked off the week subdued, ranging no more than 40 points against the US dollar. After clocking a session low of 1.0961, EUR/USD’s H4 candles shook hands with the key figure 1.10 (alongside September’s opening level at 1.0989) though failed to preserve an upside presence.
Global Markets: Asian Stock Markets : Nikkei down 0.16%, Shanghai Composite down 0.92%, Hang Seng down 1.11%, ASX up 0.71% Commodities: Gold at $1511.45 (-0.10%), Silver at $17.60 (-0.15%), Brent Oil at $58.38 (+0.02%), WTI Oil at $52.87 (+0.11%) Rates : US 10-year yield at 1.522, UK 10-year yield at 0.440, Germany 10-year yield at … Continue reading Monday 7th October: Asian shares mixed on Monday, following healthy US job report amid caution on trade front
Europe’s shared currency staged a modest recovery against the buck last week, snapping a two-week bearish phase a few points ahead of the 2016 yearly opening level at 1.0873.
