Europe Roundup: Euro hits $1.18, bolstered by ZEW sentiment survey, European stocks jumps ,Gold drops below $2,000, Oil rises on hopes for U.S. stimulus, demand recovery-August 11th,2020
America’s Roundup: Dollar slip as U.S. stimulus doubts mount, Wall Street gains, Gold fights back, Oil rises 2% after draw in U.S. oil stocks spurs demand hope-August 13th,2020
Asia Roundup: Aussie eases on U.S.-China tensions, greenback steadies as U.S. treasury yields resume rise, Asian shares consolidate - Monday, August 10th, 2020
Europe Roundup: Euro's advance slows as risk sentiment falters, European shares slip,Gold retreats more than 1%, Oil prices slide as virus surge weighs on demand outlook-July 30th,2020
America’s Roundup: Dollar retreats on stimulus talks, Wall Street ends higher, Gold gains, Oil edges up to highest since March on hopes for U.S. stimulus-August 5th,2020
Europe Roundup: Sterling strengthens against weaker dollar , European stocks slip, Gold rises above $1,900, Oil steady after IEA lowers demand forecast-August 13th,2020
Europe Roundup:Euro dips on renewed U.S.-Sino tensions, jobs data eyed, European stocks flat, Gold eases, Oil slips below $45 on demand concerns, set for weekly rise-August 7th,2020
Asia Roundup: Sterling at 5-month peak as BoE stands pat, dollar eases as investors fret over U.S. recovery, Asian shares subdued - Thursday, August 6th, 2020
Asia Roundup: Aussie gains on upbeat economic data, dollar eases on recovery worries, Asian shares consolidate - Wednesday, August 5th, 2020
Asia Roundup: Aussie off 6-month peak on RBA's downbeat economic assessment, greenback steadies near multi-month lows as traders await U.S. nonfarm payrolls, Asian shares ease on U.S.-China tensions - Friday, August 7th, 2020
America’s Roundup: Dollar stays weak amid signs of lagging U.S. economy, Wall Street gains, Gold scales new record, Oil moves up on big crude inventory decline-August 6th,2020
America’s Roundup: Dollar holds near 1-week high, European stocks maon, Gold loses ground, Oil settles higher on Chinese factory data, U.S. stimulus hopes-August 11th,2020
America’s Roundup: Dollar climbs after US jobs data, U.S. stocks gains,Gold eases, Oil slips below $45/bbl on demand concerns but posts weekly rise-August 08,2020
America’s Roundup: Dollar inches higher after stalemate in pandemic aid talks, Wall Street dips, Gold crashes over 4%, Oil eases as U.S. stimulus hopes dim, virus cases rise-August 12th,2020
Europe Roundup: Euro rise after positive economic indicators, European shares gains, Gold rise to new record high, Oil prices rise as U.S. crude inventories show large drop-August 5th,2020
Asia Roundup: Aussie steadies as RBA keeps policy steady, dollar gains against yen as investors await U.S. stimulus deal, Asian shares surge - Tuesday, August 4th, 2020
Asia Roundup: Aussie rises gradually against U.S. dollar; Asian markets mixed, gold touches $1,527 mark in early Asia - Friday, August 16, 2019
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.04% to 98.18.
EUR/USD: The euro trades marginally lower and currently trading around $1.1100 mark. It made intraday high at $1.1112 and low at $1.1095 mark. A consistent close below $1.1106 will drag the parity down towards key supports around $1.1075, $1.1026 and $1.0852 levels respectively. Alternatively, reversal from key support will drag the parity higher towards key resistances around $1.1158, $1.1220, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively.
USD/JPY: The Japanese yen trades flat against U.S. dollar and trading around 106.14 mark. It made intraday high at 106.27 and low at 106.02 levels. A sustained close above 106.12 is required to take the parity higher towards key resistances around 106.78, 107.56, 108.52, 109.62, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 105.90 will drag the parity down towards key support around 104.20 mark.
GBP/USD: The pound trades marginally higher against U.S. dollar and stabilizes around $1.21 mark. A sustained close below $1.2022 requires for dragging the parity down towards key support around $1.1920 and $1.1754 mark respectively. On the other side, key resistances are seen at $1.2147, $1.2226, $1.2383, $1.2576 and $1.2772 levels respectively.
AUD/USD: The Aussie strengthens in early Asia and remains well supported above 0.6750 mark. The pair made intraday high at $0.6795 and low at $0.6770 levels. A consistent close below $0.6747 requires for downside rally. On the other side, a sustained close above $0.6802 will take the parity higher towards $0.6977 and $0.7076 levels respectively.
NZD/USD: The New Zealand dollar remains almost unchanged against U.S. dollar and currently stabilizes below $0.6450 mark. A sustained close above $0.6480 requires for the upside rally. Alternatively, key support was seen at $0.6420 mark.
All the major Asian indices were trading on a mixed note note on Friday. Gold was trading around $1,520 mark while silver was trading around $17.19 mark.
Japan’s Nikkei was trading 0.10 pct higher at 20,426.00 points.
Australia’s S&P/ASX200 was trading 0.09 pct higher at 6,413.55 points.
Hong Kong's hang seng index was trading 0.66 percent higher at 25,665.48 points.
Taiwan stock was trading 1.10 percent higher at 10,440.62 points.
South Korea’s kospi was trading 0.73 percent lower at 1,924.06 points.
India’s NSE Nifty was trading 0.46 pct lower at 10,983.95 points while BSE sensex was trading 0.37 points lower at 37,161.78 points.
Oil prices were trading marginally higher on Friday. U.S. Crude Oil WTI Futures were trading 0.76% higher to $55.23. International Brent Oil Futures rose 0.7% to $58.92.
Gold trades higher on Friday and currently trading around $1,520 mark. Pair made intraday high at $1,527 and low at $1,516 mark. Sustained close above $1,522 requires for the upside rally. Alternatively, reversal from key resistance will drag the parity down towards $1,497 and $1,445 marks respectively.
The Australian government bonds traded mixed in subdued Asian session on Friday as global risk appetite attempted to stabilize amid better-than-expected U.S. retail sales data. However, comments from President Donald Trump and China kept traders on their toes over trade war tensions. The yield on Australia’s benchmark 10-year note, which moves inversely to its price, fell 1 basis point to 0.877 percent, the yield on the long-term 30-year bond also dipped 1 basis point to 1.437 percent while the yield on short-term 2-year traded nearly flat at 0.731 percent.