Jesse Livermore once said “There’s a time to go long, a time to go short and a time to go fishing”. This quote couldn’t be more true for today as the lack of notable economic releases and the waiting for the US CPI report will likely keep the markets at bay. In such days it’s […]
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Eurostoxx flatGermany DAX +0.1%France CAC 40 flatUK FTSE flatSpain IBEX +0.1%Italy FTSE MIB flat It’s shaping up to be another one of those days. As Giuseppe said here, it’s time to go fishing. US futures are also not doing much with S&P 500 futures just up 0.1%. All eyes are on the US data later […]
The reading for the April month itself is -38, which is the same as April last year. Meanwhile, the economic outlook index held steadier at -21, slightly better than the -23 reading in March. This article was written by Justin Low at www.forexlive.com.
German DAX futures +0.2%UK FTSE futures -0.1% This comes with S&P 500 futures seen up 0.1% with Nasdaq futures up 0.2% on the day. For trading this week, it’s all about the upcoming US data. That will be the make or break for stocks in the days ahead. This article was written by Justin Low […]
There is just two to take note of, as highlighted in bold. They are both for EUR/USD and layered close by at the 1.0750-55 level. That should see price action keep more compact in and around current levels in the session ahead at least. The 100-hour moving average for the pair sits at 1.0761 with […]
This is one of my favourite strips over the years. And it is still very much relevant. As we look to the new week, it’s all about US data that will drive the mood in broader markets. We’ve already gotten a teaser last week from a couple of smaller releases but this week, we’ll get […]
It’s a slower one to start the day, with major currencies not up to much. EUR/USD is holding within a 10 pips range with USD/JPY little changed below the 156.00 mark. US futures are also not hinting at much as the spotlight this week is on key US data to come. This will likely make […]