Mild Market Weakness in a Quiet Start to the Week |
|
Mild Market Weakness in a Quiet Start to the Week U.S. Dollar Trading (USD) gained on the back of Euro weakness with traders still buying the Dollar for its safe haven status. May Core PCE increased 0.2% vs. 0.1% previously and Personal income increased 0.4% m/m. In US stocks, DJIA -5 points closing at 10138, S&P -2 points closing at 1074 and NASDAQ -2 points closing at 2221. Looking ahead, June CB Consumer Confidence forecast at 62.8 vs. 63.3 previously. The Euro (EUR) was the weakest Read More...
Filed under: Technical
Latest Posts
- EUR/USD Forms Negative Reversal
- Eid Al-Fitr holidays in Saudi Arabia until Wednesday
- Eid Al-Fitr holidays in Saudi Arabia until Wednesday
- GBP/USD: bearish acceleration
- Technical Daily Analysis - $GBPUSD Short
- Living on the edge
- Turkish lira on the edge
- The global economy is losing steam
- Stocks Up ahead of Opening; Focus on Obama News Conference
- Hourly perspective for US session
- AUD USD Higher in Reaction to China Import News
- Currency Majors Technical Perspective
- London Session
- Risk appetite fails to gain traction
- Canada: A rebound in full-time jobs in August