Currencies Futures Prices
- Algo Trading System Euro Currency Report For 04/06/2020
Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro...
- Stock Index Futures Holding up Despite Bearish News
Stock index futures are higher now than they were when the weaker than expected U.S. employment numbers were released.
- EUR/USD may continue downtrend to 1.0715 after break down 1.0793
The downtrend may be expected to continue, while pair is trading below resistance level 1.0844, which will be followed by reaching support level 1.0793...
- GOLD IS BEARISH!
You heard it here first!
- Daily Financial Forecast Stock Index Futures Holding Up Well Despite Jobless Claims
U.S. stock index futures jumped in the overnight trade after a surge in the price of oil.
- Concerned That Asia Could Blow A Hole In Future Economic Recovery
It seems highly unlikely that the Chinese economy rebounded from an almost complete shutdown...
Futures Market News and Commentary
The dollar index (DXY00) on Friday rose +0.310 (+0.31%). Jun euro-fx futures (E6M0) closed down -0.0039 (-0.36%), and EUR/USD (^EURUSD) fell -0.0037 (-0.34%). Jun yen futures (J6M0) closed down -0.39 (-0.41%), and USD/JPY (^USDJPY) rose +0.41 (+0.38%).
The dollar index on Friday rose to a 1-week high on weakness in EUR/USD, which dropped to a 1-week low on weaker-than-expected economic data. The dollar fell back from its best levels after U.S. Mar non-farm payrolls fell more than expected.
The dollar index on Friday fell back from its best levels after Friday's U.S. Mar non-farm payrolls fell -701,000, weaker than expectations of -100,000 and the biggest decline in 11 years. Also, the U.S. Mar unemployment rate rose +0.9 to a 3-year high of 4.4%, showing a weaker labor market than expectations of +0.3 to 3.8%. On the positive side for the dollar, U.S. Mar avg hourly earnings rose +0.4% m/m and +3.1% y/y, stronger than expectations of +0.2% m/m and +3.0% y/y. Also, the... Read more