Asia Roundup: Kiwi slumps to 4-week trough as RBNZ hints at further easing, Aussie plunges as Westpac expects monetary easing by RBA, Asian shares volatile - Wednesday, September 23rd, 2020
America’s Roundup: Dollar gains after Fed upgrades economic outlook, Wall Street ends mixed, Gold gains,Oil up more than 4% as U.S. stockpiles fall, hurricane hits output-September 17th,2020
Asia Roundup: Antipodeans halt 4-day rally, greenback surges after Fed upgrades economic outlook, Asian shares decline - Thursday, September 17th, 2020
America’ Roundup: Sterling regains lost ground after BoE negative rate talk,Wall Street falls ,Gold slips ,Oil rises 2%, reverses loses as OPEC+ addresses market weakness-September 18th,2020
Europe Roundup: Euro gains on weaker dollar, all eyes on Fed meeting, European stocks gain, Gold rises, Oil slips as demand concerns rise, Libya output looms-September 14th,2020
Asia Roundup: Kiwi at over 1-year peak as FinMin Robertson rules out RBNZ’s rate change, greenback plunges on downbeat data, Asian shares edge higher - Friday, September 18, 2020
Europe Roundup: Euro falls as rising COVID-19 cases unnerve investors, European stocks slips, Gold drops to near two-week low, Oil prices slip on potential Libyan output return, demand concerns-September 21st,2020
Europe Roundup: Euro gains as dollar softens ahead of Fed meeting,European stocks flat, Gold hits near 2-week high, Oil rises but bleaker demand outlook weighs-September 15th,2020
America’s Roundup: Dollar holds strong gains against eruro,Wall Street closes lower, Gold touches six-week low, Oil edges higher after U.S. crude, fuel stockpiles draw down-September 24th,2020
Europe Roundup: Euro firms as ECB policymakers calm worries,European shares flat, Gold slips, Oil falls on U.S. market slide, surprise inventories rise-Sep 11th,2020
America’s Roundup: U.S. dollar skids from four-week high, Wall Street bounces, Gold firms, Oil prices edge up off three-month lows; demand concerns persist-September 10th,2020
Europe Roundup: Euro edges higher on ECB day, all eyes on inflation comments, European shares inch higher, Gold hits one-week high, Brent oil benchmark dips but stays over $40 a barrel-September 10th,2020
America’s Roundup: Dollar dips dovish U.S. Fed policy bets,Wall Street climbs,Gold gains, Oil edges lower, shrugging off Gulf of Mexico shut-ins-September 16th,2020
America’s Roundup: Dollar falls against the yen,Wall Street ends lower,Gold rises, Oil flat as Libya developments counter OPEC+ boost-September 19th,2020
Europe Roundup: Euro falls on concerns about fresh lockdowns in Europe,European stocks bounce,Gold falls, Oil rises on expectation demand can survive new lockdowns-September 22nd 2020
Asia Roundup: Aussie extends gains following RBA minutes, greenback steadies ahead of Fed decision, Asian shares advance - Wednesday, September 16th, 2020
Asia Roundup: - Japanese yen remains almost unchanged after CPI, core CPI data; Asian markets mixed, gold trades flat at $1,560 mark - Friday, January 24, 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 0.036% to 97.52.
EUR/USD: The euro falls drastically against U.S. dollar after ECB’s monetary policy statement and currently trading $1.1049 mark on Friday. A sustained close above $1.1051 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 $1.1051 will drag the parity down towards key supports around $1.1017, $1.0919 and $1.0852 levels respectively.
USD/JPY: The Japanese yen remains almost unchanged after CPI, core CPI data. The pair is currently trading around 109.51 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 109.49 will drag the parity down towards key support around 109.02, 108.40, 106.90 and 104.20 marks respectively.
GBP/USD: The Pound trades flat against U.S. dollar and stabilizes above $1.31 mark. The pair is currently stabilizes above 1.3125 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 $1.3157, $1.3335, $1.3422 and $1.3515 levels respectively.
AUD/USD: The Aussie trades marginally lower against U.S. dollar after Australia’s manufacturing PMI as well as services PMI data. Pair made intraday high at $0.6851 and low at $0.6837 mark. A consistent close below $0.6843 requires for downside rally towards $0.6804 and $0.6754 mark respectively. On the other side, a sustained close above $0.6865 will take the parity higher towards $0.6903, $0.6942, $0.7076 and $0.7122 levels respectively.
NZD/USD: The Kiwi rises in early Asia on the back of higher than expected CPI data and stabilizes above $0.6600 mark. The pair is currently trading around $0.6620 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 0.20 pct higher at 23,844.50 points.
Australia’s S&P/ASX 200 was trading 0.15 pct higher at 7,098.10 points.
Hong kong’s Hang seng was trading 0.03 pct lower at 27,901.00 points.
India’s NSE was trading 0.50 pct higher at 12,241.85 points and BSE sensex 0.47 pct higher at 41,575.43 points.
Gold consolidates around $1,560 mark. 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 prices recover previous loss and trades marginally higher on Friday. Brent crude futures were up by 19 cents to $62.23. The West Texas Intermediate contract was up by 18 cents to $55.77 a barrel.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, trades lower to 1.087 points, the yield on the long-term 15-year bond trades down to 1.180 points and the yield on short-term 2-year fell nearly 0.004 pct to 0.753 points.
The yield on the benchmark 10 - year JGB note, which moves inversely to its price, trades slightly down to -0.023 points, the yield on the long-term 30 - year fell -0.010 pct to 0.406 points and the yield on short-term 2 - year fell to -0.128 points.