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
Europe Roundup: Euro gains as soft U.S. data, uncertainty darken outlook, European share dips, Gold rises, Oil prices mixed as OPEC boost countered by Libyan developments-September 18th,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
America’s Roundup: Dollar retreats post U.S. jobs data, ECB decision ,Wall Street ends lower,Gold gains, Oil prices slide near 2% after surprise U.S. crude stock build-September 11th,2020
Asia Roundup: Antipodeans gain on renewed coronavirus vaccine hopes, greenback plunges as investors await Fed meeting, Asian shares surge - Monday September 14th, 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
Asia Roundup: Antipodeans halt 4-day rally, greenback surges after Fed upgrades economic outlook, Asian shares decline - Thursday, September 17th, 2020
America’s Roundup: U.S. dollar skids to two-week low vs yen as Fed looms,Wall Street climbs, Gold slips, Oil rises over 2% as U.S. Gulf Coast braces for hurricane -September 16th,2020
Asia Roundup: Aussie declines as consumer inflation expectations ease, euro rebounds on improving economic outlook hopes, investors eye ECB policy decision - Thursday, September 10th. 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 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
Europe Roundup: Euro dips as eurozone Sept business growth halts ,European stocks gain,Gold hits six-week trough, Oil edges up to $42, eyeing Libya and U.S. inventories-September 23rd,2020
America’s Roundup: Dollar gains as risk assets tumble on rising COVID-19 cases, U.S. election uncertainty, Wall Street ends lower, Gold slides 3%, Oil falls 5% as economic outlook dims with rising virus cases-September 22nd 2020
Europe Roundup:Euro dips on fading economic recovery hopes in Eurozone, European stocks slip to 3-month lows,Gold slides to two-month low, Oil falls as frail demand outlook outweighs U.S. stock drawdown-September 24th,2020
Europe Roundup:Euro edges higher as investors await Fed statement, European stocks gains,Gold rises, Oil jumps above $41 as storm hits U.S. output, inventories drop-September 16th,2020
Asia Roundup: Japanese yen strengthens as BOJ keeps policy rate unchanged, Asian markets in red, gold noticeably up - Tuesday, January 21, 2020
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.03% to 97.33.
EUR/USD: The euro trades flat against U.S. dollar and currently trading $1.1096 mark on Tuesday. 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 $1.1076 will drag the parity down towards key supports around $1.1017, $1.0919 and $1.0852 levels respectively.
USD/JPY: The Japanese yen appreciates against U.S. dollar after BOJ’s policy rate decision. The pair is currently trading around 109.96 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 109.89 will drag the parity down towards key support around 108.40, 106.90 and 104.20 marks respectively.
GBP/USD: The Pound trades flat against U.S. dollar ahead of U.K.’s job data. The pair is currently hovers around 1.30 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 $1.3045, $1.3335, $1.3422 and $1.3515 levels respectively.
AUD/USD: The Aussie falls gradually against U.S. dollar and stabilizes below $0.69 mark. Pair made intraday high at $0.6886 and low at $0.6853 mark. A consistent close below $0.6872 requires for downside rally towards $0.6838 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 remains almost unchanged on Tuesday and consolidates around $0.6600 mark. The pair is currently trading around $0.6604 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 0.99 pct lower at 23,844.50 points.
Australia’s S&P/ASX 200 was trading 0.35 pct lower at 7,054.10 points.
Hong kong’s Hang seng was trading 2.36 pct lower at 28,117.00 points.
South Korea’s Kospi was trading 0.84 pct lower at 2,243.95 points.
India’s NSE was trading 0.04 pct lower at 12,219.25 points and BSE sensex 0.08 pct lower at 41,499.57 points.
Gold hits fresh 2 – week high at $1,568 mark. A sustained close above $1,574 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 trade marginally lower on Tuesday. Brent crude futures were down by 30 cents to $64.83. The West Texas Intermediate contract was down by 20 cents at $58.38 a barrel.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, trades lower to 1.161 points, the yield on the long-term 15-year bond trades down to 1.266 points and the yield on short-term 2-year fell nearly 0.004 pct to 0.756 points.
The yield on the benchmark 10 - year JGB note, which moves inversely to its price, trades slightly down to -0.003 points, the yield on the long-term 30 - year fell -0.024 pct to 0.450 points and the yield on short-term 2 - year fell to -0.125 points.