Wednesday had the shared currency rebound strongly against the US dollar, off May’s opening level at 1.0943. 1.10 came under threat shortly after, displaying a fakeout through the key figure to April’s opening level at 1.1023 on the H4 timeframe.
Global Markets: Asian Stock Markets : Nikkei up 0.70%, Shanghai Composite down 0.34%, Hang Seng down 0.70%, ASX down 0.09% Commodities : Gold at $1696.80 (-0.52%), Silver at $17.49 (-0.59%), Brent Oil at $35.45 (-1.99%), WTI Oil at $33.73 (-1.80%) Rates : US 10-year yield at 0.690, UK 10-year yield at 0.194, Germany 10-year yield … Continue reading Wednesday 27th May: Asian markets buck the trend and trade lower
With the US dollar index travelling through 99.50 and touching gloves with 99.00, EUR/USD H4 price is seen seeking additional bidders for a push to nearby 1.10, a key figure widely watched in this market.
Global Markets: Asian Stock Markets : Nikkei up 2.55%, Shanghai Composite up 1.01%, Hang Seng up 1.97%, ASX up 2.93% Commodities : Gold at $1726.70 (-0.51%), Silver at $17.90 (+1.17%), Brent Oil at $36.05 (+1.46%), WTI Oil at $34.12 (+2.62%) Rates : US 10-year yield at 0.695, UK 10-year yield at 0.181, Germany 10-year yield … Continue reading Tuesday 26th May: Asian markets gain as S&P futures rally beyond critical 3000 mark
Europe’s shared currency was somewhat muted south of 1.09 against the buck Monday, as US banks closed in observance of Memorial Day and UK banks in view of Spring Bank Holiday.
