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today markets move in correction way , dollar is leader today against all currencies in markets . euro down against dollar to 1.24 and gbp down against dollar to 1.4 level , usd raise against yen to 106 level and finally usd raise against cad to 1.25 level , i expect we will resume in this way next week also
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Markets Today
today as we expect yesterday , markets resume on its optimistic mode , US dollar resume in its week against all currencies , eur/usd up to 1.235 and gbp/usd up to 1.412 and nzd and cad and aud make new high levels today against dollar . i expect we will resume today in this way against dollar .
Markets today
today we saw markets move in up toward against dollar , eur/usd reached 1.23 and gbp/usd reached 1.4
Aud and nzd and chf and cad move strongly today against dollar and japanese yen . i expect tomorrow we will resume in this direction and markets will resume in optimistic . thanks
Aud and nzd and chf and cad move strongly today against dollar and japanese yen . i expect tomorrow we will resume in this direction and markets will resume in optimistic . thanks
Markets Today
NZ economy indicators point to stronger GDP growth in the H2 2016 than forecast , With a very bullish assessment for the economy, the highlights: A solid lift in business activity and business confidence continues to point to stronger GDP growth in the second half of 2016 than forecast in the Budget Update, Demand in the economy is driven by elevated net migration inflows, housing demand and tourism spending. The export price recovery is expected to continue.
Markets Today
Oil - Non-OPEC yet to pledge concrete oil output steps , OPEC and non-OPEC countries met on Saturday in Vienna , It was consultation meeting , They agreed to meet again prior to the scheduled OPEC meeting on November 30 , They didn't make an agreement on Saturday on the detail for cuts, which makes sense .
Markets Today
EUR/USD gunning for the highs of the day and the week , The euro is flirting with the important area of resistance around 1.0950 once again. A close above would be a good sign for the bulls , There is a small cluster of resistance in the area aside from this week's highs. There is the July low of 1.0952 followed by the Oct 17 low of 1.0964. The dollar was solid this week and for the euro to hold its own is a good sign. If it can finish strong, a move back above 1.1000 early next week is likely.
Markets Today
It was a quiet end to the week but then the pound got another slap lower after the N. Ireland High Court rejected the argument that NI govt should pass legislative consent b4 Article 50 triggered. Cue GBPUSD down to 1.2122 from 1.2178 and EURGBP to 0.8993 from 0.8960. Month-end BUBA buying adding to the moves. GBP pairs tried to rally but cable failed around 1.2150 and EURGBP couldn't hold below 0.8980 fuelling the BUBA buying belief.
Markets Today
UK CBI retailing reported sales Oct 21 vs -2 exp , Better than expected but not a prime mover and in the wake of the GDP reaction will have limited impact GBPUSD in any case already back to 1.2234 from 1.2211 lows post-GDP , All good, and great pips to be had as long as you're not too greedy/unrealistic. US durable goods data at 12.30 GMT will be casting its shadow now too as I said earlier.
Markets Today
AUD/USD post CPI, sellers above 0.7700 , For now, sellers are coming back in with orders from just above 0.7700 through 0.7740 While the AUD popped post-CPI, and the higher headline has implications for inflation expectations, the lower core readings mean the potential of future RBA rate cuts cannot be ruled out yet.
Markets Today
Gold is $5 away from being awfully interesting , Gold is showing signs of life, up $12 to $1275 , Gold is up 20% this year but it sure doesn't fell that way. The gains came in two six-week bursts at the start of the year and then again in June/July after the Brexit vote. Since then gold has been sluggish or slumping. Today's $12 gain, however, is the largest in a month and may awaken the gold bulls.