Europe Roundup: Euro plunges against dollar as China virus cases soar, European shares falter, Gold rises, Oil prices fall on bearish demand forecasts-February 13th,2020
America’s Roundup: Dollar gains as traders balance virus, economic reports, Wall Street slips, Gold rises, Oil prices climb on prospects for deeper OPEC+ output cuts-February 14th,2020
Asia Roundup: Aussie gains as business confidence slightly improves, Kiwi rebounds from near 4-month trough ahead RBNZ policy meeting, Asian shares nudge higher - Tuesday, February 11th, 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
America’s Roundup: Dollar gains against euro on virus concerns, economic outlook, Wall Street ends higher, Gold hits one-week high, Oil drops to 13-month low-February 11th,2020
America’s Roundup: Dollar holds gains vs yen,Wall Street hits new highs,Gold gains, Oil prices flat-February 7th,2020
Asia Roundup: Aussie rebounds on upbeat Chinese PPI, dollar rallies against yen following robust U.S. jobs data, Asian shares slump- Monday, February 10th, 2020
Europe Roundup: Euro falls to four-month low on weak German data, European shares retreat, Gold steadies, Oil rises on potential OPEC+ output cuts-February 7th,2020
America’s Roundup: Dollar gains on strong U.S. private payrolls, Wall Street rises, Gold gains ,Oil prices jump 2% as virus vaccine reports spur hope-February 6th,2020
America’s Roundup: Dollar hits four-month high after upbeat U.S. jobs data ,Wall Street slips ,Gold gains, , Oil falls 1%-February 8th,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
Asia Roundup: Aussie eases following RBA meeting minutes, yen surges as coronavirus concerns linger, investors eye German ZEW survey- Tuesday, February 18th, 2020
America’s Roundup: Dollar recedes from four-month highs as risk appetite improves, S&P 500, Nasdaq notches record high, Gold slips, Oil rises from 13-month low-February 12th,2020
America’s Roundup: Dollar climbs as weak German data dents euro, Wall Street falls, Gold hits 1-month peak, Oil falls nearly 1% on virus impact-February 19th,2020
Europe Roundup: Euro falls below key $1.08 level,European shares rise, Gold holds above $1,600, Oil rises amid hope for short economic hit from coronavirus outbreak-February 19th,2020
Europe Roundup: Sterling firms above 2-1/2 month lows vs dollar, European shares hit record high,Gold eases, Oil rises 2%-February 12th,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.