Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Equity futures sank on Friday morning
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level. A successful attempt to eliminate this level will push the exchange rate into fresh highs.
US Market View
Equity futures sank on Friday morning as investors focus on some weaker than expected earnings results from companies of the tech sector such as Amazon.
Contracts of the Nasdaq 100 index dropped as much as 0.9%, S&P 500 futures dropped about 0.5% while Dow Jones was marginally lower.
In the wake of the FOMC, the USD has softened, particularly against the euro and sterling, where there is considerable further leeway for EURUSD to consolidate without threatening a bullish reversal, while GBPUSD is already hitting key resistance in the 1.4000 area. It is important to note that today is month-end, with some price action today smacking of end-of-month flows.
Similar
Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
The U.S. economy added 390,000 jobs in May
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
Popular
United Nations Call the Fed to Cut Rates
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
It’s Time to Look at New Zealand
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
The CAD vs. the World: Mid-Term Scenarios for the Currency
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
Choose your payment system
