Market Update – April 11 – Stocks & USD Mixed as Inflation & Earnings Loom
US #stockmarkets closed mixed – Industrials higher – Tech lower (#Samsung said they will cut chip production – lifting Western Digital & Micron +8%). USD continued to recover, (USDIndex topped…
Read More »Market Update – April 3 – Q2 kicks off with Easter Week
Q2 kicks off with Easter Week, meaning many markets around the world will be closed, likely making for a slower, quieter pace of trading after the whiplash in Q1. USD…
Read More »It quarter end. How did the major currency pairs vs the USD do? What levels to eye in 2Q
<p>Today is quarter end. The USD is ending the quarter mixed with declines vs the <a href="https://www.forexlive.com/terms/e/eur/" class="terms__main-term" id="b0427fd7-674c-4ad1-b689-22d1f8b087b0">EUR</a>, <a href="https://www.forexlive.com/terms/g/gbp/" class="terms__secondary-term" id="3a5ab7c1-ff09-45ea-87d4-eea6613bb754">GBP</a>, CHF and CAD and gains vs the…
Read More »Market Update – March 30 – Stocks Recover & USD finds a floor
Bank jitters continue to ease lifting sentiment again, US stocks rallied (+1% to +1.79%) led by the NASDAQ, Asian markets are mixed and European FUTS are positive. The USD bounced…
Read More »Market Update – March 27 – A Volatile Final Week of Q1?
Asian markets are much calmer today after another wild and volatile week, but bank angst and recession risk continue to linger. JPY is underperforming peers to start the week. US…
Read More »Market Update – March 21 – Sentiment Stabilised?
Risk appetite improved to kick off spring. Though banking jitters are still an undercurrent, the various rescue measures, including UBS’s takeover of Credit Suisse over the weekend, helped ease global…
Read More »Emerging Market Currencies Around 19.0000
USDIndex, Daily The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday’s post Powell 105.85 2023 high has now…
Read More »Market Update – Risk Appetite ahead of a massive week!
China set a modest target for economic growth this year of around 5% on Sunday, and is poised to implement the biggest government shake-up in a decade. Disappointing the markets!…
Read More »Market Update – February 6 – USD & Yields higher, Yen, Stocks & Gold sink
A blockbuster NFP on Friday (571k new jobs vs 185k) & strong Services PMI (55.2 vs 50.5) has lifted the Dollar and Yields, sinking Stocks and Gold (the 3 mth…
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