|Day's Range||0.751 - 0.754|
|52 Week Range||0.7373 - 0.7740|
Based on the early price action and the current price at 99.235, the direction of the March U.S. Dollar Index the rest of the session on Tuesday is likely to be determined by trader reaction to the pivot at 99.200.
Riskier assets find early support on a relatively quiet day on the economic calendar. U.S consumer confidence numbers will garner plenty of attention.
The Dollar finds early support and risk aversion hits the global financial markets. Coronavirus updates suggest more economic disruption…
Private sector PMI numbers put the majors in focus later today. Expect plenty of volatility as risk appetite takes another hit.
It’s a busy day ahead. With the Dollar sitting on top, today’s stats from the EU are going to need to impress to eat into the Dollar’s current week gains.
It’s a busy day ahead, with inflation figures out of Canada, the UK, and the U.S, and the FOMC Meeting Minutes in focus…
Market risk appetite wanes following Apple’s profit warning. Apple is unlikely to be alone and that doesn’t bode well as COVID-19 cases continue to rise.
It’s a busy day ahead on the economic calendar as the markets digest the latest COVID-19 numbers. The EUR and the USD will be in the spotlight.
Updates from China and beyond on the coronavirus continue to grip as central banks and governments attempt to downplay longer-term impact.
A spike in coronavirus deaths in China on Wednesday tests the market resolve early on. A light economic indicator will leave the news wires in focus.
The Kiwi Dollar is on the move early as the RBNZ talks up the economy and downplays the likely effects of the coronavirus. Stats and Powell are in focus later.
Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside momentum is strong so we’d like to see the trend confirmed by a new higher-high.
The Aussie Dollar got an early boost, courtesy of impressive inflation numbers out of China. It’s a quiet day ahead on the calendar, however.
It’s a busy day ahead. China’s trade data and German industrial production numbers will be in focus ahead of U.S stats later in the day.
It’s been quite a week for the majors. While the spread of the coronavirus continued, economic data out of the U.S impressed. it’s not over yet though…
It’s a busy day ahead on the economic calendar, with services sector PMIs out of the Eurozone and the U.S and trade data out of Canada in focus.
It’s a relatively quiet day ahead on the economic data front, with U.S factory orders the headline stat of the day ahead….
It’s a mixed start to the day. While the Yen eases back, the equity markets see red early as the Chinese markets reopen after the extended break.