Violating a two-week bearish phase within the parapets of a long-standing demand zone at 1.1119-1.1295, the EUR/USD recovered in reasonably strong fashion last week.
05
May
2019
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03
May
2019
Friday 3rd May: Asian markets mixed as investors await jobs data
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Global Markets: Asian Stock Markets : Hang Seng up 0.23%, ASX down 0.04% Commodities : Gold at $1273.15 (+0.09%), Silver at $14.64 (+0.18%), Brent Oil at $70.50 (-0.35%), WTI Oil at $61.73 (-0.13%) Rates : US 10-year yield at 2.545, UK 10-year yield at 1.186, Germany 10-year yield at 0.026 News & Data: (GBP) MPC … Continue reading Friday 3rd May: Asian markets mixed as investors await jobs data
03
May
2019
Friday 3rd May: Greenback eyes 98.00 ahead of today’s NFP.
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The US dollar index also regained weekly resistance at 97.72, potentially offering support going forward.
02
May
2019
Thursday 2nd May: Asian markets mixed on Fed comments
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Global Markets: Asian Stock Markets : Nikkei down 0.22%, Shanghai Composite up 0.52%, Hang Seng up 0.57%, ASX down 0.70% Commodities : Gold at $1273.35 (-0.84%), Silver at $14.65 (-0.52%), Brent Oil at $71.86 (-0.44%), WTI Oil at $63.33 (-0.42%) Rates : US 10-year yield at 2.505, UK 10-year yield at 1.156, Germany 10-year yield … Continue reading Thursday 2nd May: Asian markets mixed on Fed comments
02
May
2019
Thursday 2nd May: Pound eyes 1.30 ahead of ‘Super Thursday’
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Sterling maintained recent momentum Wednesday, reinforced by better-than-expected Markit manufacturing PMI as well as upbeat rhetoric regarding the state of cross-party Brexit negotiations.