S&P 500, Dow Jones & Nasdaq 100 Charts: Monday’s Reversal Lows Hold the Key
Monday’s turnaround came at a critical spot and so long as those lows hold the market may be able to stave off further selling until after the calendar flips to 2019.
Monday’s turnaround came at a critical spot and so long as those lows hold the market may be able to stave off further selling until after the calendar flips to 2019.
OVERVIEW The Dollar Index remains in negative territory after PPI edged 0.1% in November Sterling plummet to its lowest level since April 2017 after PM postpones the key vote in Parliament NYMEX WTI Crude advancing 1.47% and gold is up near $1250 an ounce HIGHLIGHT
The Dollar moved higher in N.Y. on Tuesday, aided early on by warmer core U.S. PPI data. The Dollar index posted two-week highs of 97.53 before steadying. Wall Street kept a bid in the dollar, as choppy conditions there provided some safe-haven USD flows. EUR-USD fell from highs of 1.1400 into the open, bottoming at […]
The Dollar has plied narrow ranges against most other currencies so far today, although a theme of Yen underperformance lifted USD-JPY to a nine-day high of 113.51, extending a rebound from the six-week low that was seen last week at 112.23. The weakness in the Japanese currency has been concomitant with a revival in risk […]
The Dollar has been trading mixed-to-firmer, losing a little ground to the Euro and the Pound, both of which settled after falling sharply over the last day, while gaining versus the Yen and other currencies. Both the Euro the Pound remain heavy overall as political uncertain envelopes sentiment, with French President Macron facing a parliamentary […]
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