FX Information At this time
USD continues to bounce, JPY, AUD & NZD weaken, Yields up as virus worries escalate and China pushes again on US sanctions and reacts to US normalizing relations with Taiwan. Plus, Speaker Pelosi’s plans to question President Trump if the cupboard doesn’t act to take away him. Equities closed at new ATHs on Friday, regardless of massive miss for NFP. Asian markets blended (Japan closed right now) Gold, Bitcoin and Oil all down sharply. In a single day – Chinese language inflation higher than anticipated and Aussie Retail Gross sales in line at a perky 7%.
This week – US Retail Gross sales and Inflation (CPI & PPI), UK GDP, numerous Central bankers talking topped by Powell on Thursday.
USDIndex – 4th day increased from 33-mth low (89.15) and again over 90.00 – trades at 90.31 – PP 89.90 – Touching a 19-day excessive earlier.
EUR – 3rd day decrease trades underneath 1.2200 – 1.2165 earlier, for a 17-day low, again to 1.2185 now– PP – 1.2235
JPY – 4th day increased – breached n holds 104.00 – Trades at 104.12 (R1) , near one-month highs – PP 103.87
GBP – down underneath 1.3500 this morning – testing S2 at 1.3480 PP 1.3580
AUD – Again right down to commerce at 0.7700 (s2) – PP 0.7760 NZD – slips underneath 0.7200 this morning – PP 0.7240, trades at 0.7185 CAD – breaches and holds over 1.2700 (PP) – shifting increased on weaker Oil costs – trades at 1.2765 (R2) CHF – Trades at R1 round 0.8885 – up from Three yr lows on Wednesday at 0.8757. PP 0.8850
BTC – Parabolic bazooka growth continued Friday to new ATHs over $41,800 – quickly retraced to day – “Again” underneath $35,000.
GOLD – Huge faller (1920-1830) on Friday, Trades at 1850 now, PP 1875 USOil – $52.70 excessive Friday – trades at $51.50 (PP) now – nonetheless elevated
USA500 – Closed up 20 (+0.55%) 3824 – USA500 FUTS now at 3803. 46 days north of 20SMA (3722).
At this time – EZ Sentix Index, BoE’s Tenreyro, ECB’s Lagarde, Fed’s Bostic, Kaplan.
Greatest (FX) Mover @ (07:30 GMT) AUDUSD (-0.65%) Continued Friday’s decline on open, moved down from PP, now underneath 200Hr MA to pivot at 0.7700. S2 0.7690. Gradual & Quick MAs aligned and trending decrease, RSI 35 and falling, MACD histogram & sign line aligned decrease, vital break of Zero line this morning, Stochastics rising from OS zone. H1 ATR 0.0018, Each day ATR 0.0082.
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