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.
Global Markets: Asian Stock Markets : Nikkei up 0.32%, Shanghai Composite down 0.92%, Hang Seng down 1.32%, ASX up 0.37% Commodities : Gold at $1514.15 (+0.02%), Silver at $17.65 (-0.16%), Brent Oil at $57.93 (+0.38%), WTI Oil at $52.63 (+0.34%) Rates : US 10-year yield at 1.527, UK 10-year yield at 0.452, Germany 10-year yield … Continue reading Friday 4th October: Asian markets mixed as investors await US jobs data.
Renewed Brexit optimism as well as a waning buck provided a healthy boost to the British pound Thursday, clocking session highs at 1.2413 and running stops above the 1.24 handle on the H4 timeframe.
