America’s Roundup: U.S. dollar soars to two-decade high as Fed flags more large hikes, Wall Street slumps, Gold bounces ,Oil prices slide 1% after U.S. Fed raises interest rates-September 22nd,2022
America’s Roundup: Dollar edges down but posts gains for week, Wall Street drops, Gold gains, Oil prices up after Basra spill, but log weekly decline-September 17th,2022
Europe Roundup: Sterling crumbles to all-time low, European shares falls, Gold pinned near 2-1/2-year low, Oil prices hit nine-month low on recession fears-September 26th,2022
Europe Roundup: Sterling rises for sixth straight session,European shares rally, Gold rises, Oil prices rise ahead of OPEC+ meeting to discuss supply cuts-October 4th,2022
Europe Roundup: Sterling languishes near 37-year low vs dollar European shares falls, Gold dips, Oil falls more than 2% on demand fears-September 19th,2022
America’s Roundup: Dollar flat, sterling rises after week of turmoil, Wall Street ends lower, Gold rise to a one-week high, Oil falls but notches weekly gain as OPEC+ considers output cut-October 1st,2022
America’s Roundup: Dollar retreats, Wall Street closes higher, Gold rallies, Oil jumps about $4 as OPEC+ weighs biggest output-October 4th,2022
Europe Roundup: Pound drops more than 1% as Bank of England steps into bond market , European shares slide, Gold slides to 2-1/2 year low, Oil prices stable as soaring dollar offset by U.S. output outages-September 28th,2022
Europe Roundup: Sterling tumbles after Britain's new economic plan, European shares extend falls, Gold hits more than 2-year low, Oil prices down 3% with recession fears in focus-September 23rd,2022
America’s Roundup: Dollar scales fresh two-decade peak, Wall Street ends lower, Gold hovers near 2-1/2-year low, Oil prices slide $2/bbl, settle at 9-month lows-September 27th,2022
America’s Roundup: Dollar little changed , Wall Street ends mixed, Gold bounces from 2-1/2-year low, Oil rallies from Monday's nine-month lows-September 28th,2022
America’s Roundup: U.S. dollar pauses record gains as UK pound stabilizes, Wall Street ends sharply higher, Gold up around 2%, Oil prices jump after U.S. crude, fuel stocks drop-September 29th,2022
Europe Roundup: Sterling gains against the dollar, European shares dips, Gold ticks up, Oil prices stabilise on IEA demand outlook-September 14th,2022
America’s Roundup: Dollar gains ahead of Fed rate decision,Wall Street falls, Gold retreats, Oil prices down, investors expect big Fed rate hike-September 21st,2022
America’s Roundup: Dollar dips, Wall Street rallies, Gold hits 3-week high, Oil jumps more than 3% ahead of OPEC+ meeting on supply cuts-October 5th,2022
America’s Roundup: Dollar dips as U.S. rate hike jitters restrain gains, Wall Street flat, Gold dips , Oil rises 1% on supply concerns, expectations for fuel switching-September 15th,2022
Europe Roundup: Euro little changed as market participants focused on Thursday's European Central Bank meeting, European stocks ease, Gold slips, Oil eases on Iran concern-June 7th,2021
• Swiss May Unemployment Rate n.s.a 3.1%,3.3% previous
• Swiss May Unemployment Rate s.a. 3.0%, 3.1% previous
• German Apr Factory Orders (MoM) -0.2%, 1.0% forecast, 3.0% previous
• Swiss May CPI (YoY) 0.6%,0.6% forecast, 0.3% previous
• Swiss May CPI (MoM) 0.3%,0.3% forecast, 0.2% previous
• French May Reserve Assets Total 191,234.0M, 183,428.0M previous
•UK Halifax House Price Index (MoM) 1.3%,1.2% forecast, 1.4% previous
•UK Halifax House Price Index (YoY) 9.5%,8.2% previous
Looking Ahead - Events, Other Releases (GMT)
•13:00 French 12-Month BTF Auction -0.641% previous
•13:00 French 3-Month BTF Auction -0.633% previous
•13:00 French 6-Month BTF Auction -0.645% previous
•14:00 US May CB Employment Trends Index 105.40 previous
• 15:30 US 3-Month Bill Auction 0.020% previous
• 15:30 US 6-Month Bill Auction 0.035% previous
• 19:00 Apr US Consumer Credit 22.00B forecast, 25.84B previous
Looking Ahead - Economic events and other releases (GMT)
•No significant events
EUR/USD: The euro was little changed against dollar on Monday as as upcoming meeting of the European Central Bank on Thursday kept investors cautious. At the beginning of the new week, the euro is restricted in the currency market. The European Central Bank will adjust its pace of buying bank bonds in March to avoid rising borrowing costs and hindering economic recovery.Immediate resistance can be seen at 1.2176 (5DMA), an upside break can trigger rise towards 1.2198 (23.6%fib).On the downside, immediate support is seen at 1.2136(38.2%fib), a break below could take the pair towards 1.2096 (61.8%fib).
GBP/USD: The British pound strengthened against the dollar on Monday, despite doubts whether the government will stick to its plan, the quarantine restrictions on COVID-19 will be completely lifted in England on June 21. The pound is one the best performing G10 currencies this year as the rapid rollout of vaccines in the UK raised expectations of a quick reopening of the economy, but those hopes have faded somewhat in recent weeks as the rise in cases of Delta variant of COVID-19, first discovered in India, has prompted some scientists to advice postponement of the reopening date. Immediate resistance can be seen at 1.4196 (23.6%fib),an upside break can trigger rise towards 1.4248 (June 1st high).On the downside, immediate support is seen at 1.4142 (5DMA), a break below could take the pair towards 1.4071(38.2%fib).
USD/CHF: The dollar dipped against the Swiss franc on Monday, following lower-than-expected U.S. jobs data on Friday, as greenback lacked momentum as investors awaited key inflation data later this week. Market participants focused on US inflation data and the European Central Bank meeting, both on Thursday.At (GMT 12:51), greenback dipped 0.01% versus the Swiss franc to 0.8989. Immediate resistance can be seen at 0.8991(5DMA), an upside break can trigger rise towards 0.9027 (38.2%fib).On the downside, immediate support is seen at 0.9038(23.6%fib), a break below could take the pair towards 0.9000(Psychological level).
USD/JPY: The dollar declined against yen on Monday as markets digested Friday’s disappointing U.S. jobs report. The jobs data was seen as a relief for markets because it showed a pick-up in job growth was not strong enough to raise expectations for the U.S. Federal Reserve to tighten its monetary policy any sooner, hurting the dollar. Now investors pay attention to the US consumer price report due on Thursday, where the risk is of another high number, although the Fed is still argue the spike is temporary. The dollar was back at 109.26 yen from a peak of 110.62. Strong resistance can be seen at 109.62(38.2%fib), an upside break can trigger rise towards 110.00 (Psychological level).On the downside, immediate support is seen at 109.04(21DMA), a break below could take the pair towards 108.82(61.8%fib).
European stocks eased from all-time highs on Monday, with commodity shares leading the declines, as sentiment soured after weaker-than-expected China trade data and worries about inflation..
At (GMT 12:51),UK's benchmark FTSE 100 was last trading up at 0.39 percent, Germany's Dax was up by 0.10 percent, France’s CAC finished was up by 0.45 percent.
Gold retreated on Monday as the U.S. dollar firmed slightly, with investors’ focus switching to U.S. inflation readings later this week that might give some clue to how long the Federal Reserve will hold off from tapering monetary support.
Spot gold was down 0.3% to $1,883.50 per ounce by 0929 GMT. U.S. gold futures eased 0.3% to $1,885.40.
Oil fell after hitting a two-year high of over $ 72 a barrel on Monday, under pressure from the prospect of higher Iranian exports, although a rebound in demand and OPEC + supply restrictions provided underlying support.
Brent crude fell 22 cents, or 0.3%, to $71.67 by 1150 GMT, after earlier hitting $72.27, the highest since May 2019. U.S. West Texas Intermediate touched $70 for the first time since October 2018 but reversed course to trade down 21 cents or 0.3%, at $69.41.
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