Asia Roundup: Aussie near 11-year low as jobs data disappoint, greenback rallies to multi-year peak on stronger risk appetite, Asian shares surge - Thursday, February 20th, 2020
Europe Roundup: Euro dips coronavirus outbreak’s pace sparks new fears, European shares slump, Gold jumps over 2%, Oil prices drop 4%-February 24th,2020
America’s Roundup: Dollar pushes higher as virus spreads, Wall Street sinks, Gold gains as much as 2.8%, Oil slumps 5%-February 25th, 2020
Asia Roundup: Antipodeans steady on Fed rate cut expectations, yen rallies as coronavirus spread widens, Asian shares consolidate - Tuesday, February 25th, 2020
America’s Roundup: Dollar slips as U.S. data disappoints, Gold surges 1.5%, Oil retreats in face of renewed coronavirus uncertainties-February 22nd, 2020
Asia Roundup: Antipodeans await coronavirus clarity, euro consolidates near 3-year low on growth concerns, Asian shares nudge higher - Monday, February 17th, 2020
Asia Roundup: Antipodeans ease amid virus scare, euro near 3-year lows on weak growth outlook, investors eye EZ prelim GDP figures - Friday, February 14th, 2020
America’s Roundup: Dollar rises with stocks, investors stay cautious, Wall Street bounces, Gold pares gains, Oil prices drop to lowest in more than a year as coronavirus spreads-February 27th,2020
Europe Roundup: Euro struggles near three-year lows on economic worries, European shares gain, Gold holds near two-week high, Oil price steady-February 17th,2020
America’s Roundup: Dollar gains on optimism coronavirus will be contained,Wall Street rises, Gold hits one-week low, Oil rises 3% as demand worries ease amid fewer new coronavirus cases-February 13th,2020
Asia Roundup: Antipodeans ease as virus spreads globally, Japanese yen rallies as virus concern spurs safe-haven demand, Asian shares decline - Monday, February 24th, 2020
Europe Roundup: Sterling rises higher on reassuring UK factory data, European shares fall, Gold at seven-year high, Oil falls 1%-February 21st,2020
America’s Roundup: U.S. dollar falls as Fed rate cut expectations rise,Wall Street deepens losses, Gold retreats, Oil slips as virus fears outweigh supply cuts-February 26th,2020
Asia Roundup: Aussie eases following RBA meeting minutes, yen surges as coronavirus concerns linger, investors eye German ZEW survey- Tuesday, February 18th, 2020
Asia Roundup: Aussie rebounds on upbeat wage data, euro slumps on weak economic outlook, greenback near 4-1/2 month peak as investors eye FMOC minutes - Wednesday, February 19th, 2020
Europe Roundup: Sterling rebounds as recovery in risk appetite hits dollar, European shares dip,Gold retreats from seven-year high, Oil steadies above $56-February 25th,2020
Asia Roundup: Aussie falls noticeably against U.S. dollar, hits fresh 6 – week low at $0.6827 mark; Asian markets in green; gold touches $1,550 mark in early Asia - Wednesday, January 22, 2020
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.096% to 97.39.
EUR/USD: The euro trades marginally lower against U.S. dollar and currently trading $1.1084 mark on Wednesday. A sustained close above $1.1096 will drag the parity higher towards key resistances around $1.1142, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively. On the other hand, a consistent close below $1.1060 will drag the parity down towards key supports around $1.1017, $1.0919 and $1.0852 levels respectively.
USD/JPY: The Japanese yen depreciates gradually against U.S. dollar and jumps above 110.00 mark. The pair is currently trading around 110.05 mark. A sustained close above 110.18 is required to take the parity higher towards key resistances around 110.50, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 109.86 will drag the parity down towards key support around 108.40, 106.90 and 104.20 marks respectively.
GBP/USD: The Pound rises against U.S. dollar ahead of U.K.’s retail sales data. The pair is currently stabilizes above 1.3050 mark. A sustained close below $1.2935 requires for dragging the parity down towards key support around $1.2820, $1.2644 and $1.2352 mark respectively. On the other side, key resistances are seen at $1.3078, $1.3157, $1.3335, $1.3422 and $1.3515 levels respectively.
AUD/USD: The Aussie falls against U.S. dollar and hits fresh 6 – week low at $0.6827 mark. Pair made intraday high at $0.6848 and low at $0.6827 mark. A consistent close below $0.6844 requires for downside rally towards $0.6804 and $0.6754 mark respectively. On the other side, a sustained close above $0.6903 will take the parity higher towards $0.6942, $0.7076 and $0.7122 levels respectively.
NZD/USD: The Kiwi trades slightly lower against U.S. dollar and remains well supported below $0.66 mark. The pair is currently trading around $0.6592 mark. A sustained close above $0.6646 requires for the upside rally. Alternatively, a consistent close below $0.6590 will take the parity down towards key supports around $0.6502, $0.6424, $0.6323, $0.6236 and $0.6196 levels respectively.
Japan’s Nikkei was trading 0.54 pct higher at 23,994.50 points.
Australia’s S&P/ASX 200 was trading 1.00 pct higher at 7,137.10 points.
Hong kong’s Hang seng was trading 0.75 pct higher at 28,193.00 points.
South Korea’s Kospi was trading 0.67 pct higher at 2,253.95 points.
India’s NSE was trading 0.10 pct higher at 12,180.25 points and BSE sensex 0.15 pct higher at 41,386.57 points.
Gold depreciates and touches $1,550 mark in early Asia. A sustained close above $1,562 requires for the upside rally. On the other side, a consistent close below $1,546 will drag the parity down towards key supports around $1,530, $1,511, $1,490, $1,472 and $1,458 mark respectively. On the top side, key resistances are seen at $1,574, $1,597 and $1,611 mark respectively.
Oil price falls on Wednesday. Brent crude futures were down by 18 cents to $64.41. The West Texas Intermediate contract was down by 20 cents at $58.18 a barrel.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, trades lower to 1.111 points, the yield on the long-term 15-year bond trades down to 1.206 points and the yield on short-term 2-year fell nearly 0.008 pct to 0.721 points.
The yield on the benchmark 10 - year JGB note, which moves inversely to its price, trades slightly down to -0.005 points, the yield on the long-term 30 - year fell -0.003 pct to 0.438 points and the yield on short-term 2 - year fell to -0.123 points.