the American dollar continues under pressure (USD 100.88) after a huge week witnessed Rise of 25 basis points in the Federal Reserve and the European Central Bank (Could the latter be from the Fed?), and another we bank failurea Jobs report won(253k vs. 181k) and better than expected earnings, especially from the largest companies – apple. Stocks rose on Friday, and continued in Asia today, yields fell again with Australian dollars And New Zealand dollar excel. The UK and France were closed for a quiet data day. Berkshire Hathaway It announced profits of $35.5 billion
next week topped up US consumer price index Data (Wednesday) and Bank of England rate resolution (Thursday).
- FX–USD Still biased downward, from 101.50 Friday’s highs once again test the support from last week’s 100.88, euro The price tested the low of 1.0970 on Friday, but recovered 1.1000 to trade in 1.1033 now. jPreparatory Year rebounded from 134.00, violated 135.00 But he trades in 134.70 now. Sterling pound He holds on to a broken key 1.2500 hack last week 1.2600 Friday and test 1.2650 now.
- Stores-US markets closed strongly (+1.65% to 2.25%) (#APPL +4.69%%, #TSLA +5.50%) – 500 USD Closed + 1.65% 4136, FUTS is traded in 4147 today It is still below the key resistance at 4175 & 4150.
- Goods – USoil – Futures hold Friday’s gains and trade at $71.70 While recession fears continue to swirl, it rose from breaching an 18-month low at $64.00 last week. gold – Tested again 2000 dollars On Friday, but it’s up 2020 dollars now.
- Digital currencies – BTC It is down more than 5% from Friday’s high 29.6 thousand dollars to test 28.0 thousand dollars again today.
today – German industrial output (missing -3.4% against +2.1%), EZ Sentix, Fed Chief Loan Officer Survey, NY SCE, European Central Bank Survey of Monetary Analysts, Letter from ECB’s Lane, Earnings from PayPal.
The largest forex engine @ (06:30 GMT) honor (+0.29%). It continued its gains from Friday’s rally 0.6700 to 0.6780 now. Moving averages aligned up, MACD histogram and signal line positive but flat, RSI 72.45, OB but also flat, H1 ATR 0.00096 daily ATR 0.00621.
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Stuart Coyle
Principal market analyst
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