Asia Roundup: Dollar slumps across the board on abysmal U.S. economic data, Asian shares plunge, investors eye EZ CPI - Friday, July 31st, 2020
Europe Roundup : Euro little changed as investors await Fed meeting, European share flat, Gold eases, Oil prices jump on U.S. inventory drop-July 29th,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
America’s Roundup: U.S. dollar skids to 4-month low, Wall Street closes lower, Gold jumps 1%,Oil falls on coronavirus demand concerns, weak U.S. jobs numbers-July 24th,2020
Asia Roundup: Dollar slumps against yen as investors eye Fed policy meeting outcome, U.S. stimulus talks; Asian shares nudge lower - Wednesday, July 29th, 2020
Europe Roundup: Euro retreats from two-year high ahead of Fed meeting, European shares slides,Gold dips, Oil steady as U.S. stimulus hopes countered by demand concerns-July 28th,2020
Europe Roundup: Euro set for best month in a decade, European shares rebound ,Gold heads for best monthly gain since January 2012, Oil on track for monthly gain as dollar weakness supports-July 31st,2020
Europe Roundup: Euro gains as dollar breaks down,European stocks dips, Gold gains, Oil prices edges up on weak dollar, U.S.-China tensions-July 24th,2020
Asia Roundup: Aussie gains on upbeat economic data, dollar eases on recovery worries, Asian shares consolidate - Wednesday, August 5th, 2020
America’s Roundup: Dollar dips amid doubts about U.S. stimulus, Wall Street gains, Gold hits highest since 2011, Oil falls as U.S. posts surprise rise in crude inventories-July 23rd 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
America’s Roundup: Dollar falls to two-year low, Wall Street rises, Gold hits record high, Oil rises on hopes for U.S. stimulus measure-July 28th,2020
America’s Roundup: Dollar gains on upbeat manufacturing data,Wall Street jumps, Gold pulls back from record high, Oil rises more than 1% on hopes for economic recovery-August 4th,2020
Asia Roundup: Dollar steadies near 2-year low as investors turn to Congress for stimulus, Asian shares surge, markets await EZ economic data - Thursday, July 30th, 2020
America’s Roundup: Dollar hits two-year lows as Fed affirms dovish stance, Wall Street closes higher, Gold gains, Oil edges up after sharp U.S. crude inventory drop-July 30th,2020
Europe Roundup: Euro rises on back of weaker dollar European shares fall, Gold soars to all-time high ,Oil slips on U.S.-China tensions,rising virus cases-July 27th,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.