Currencies Futures Prices
- Algo Trading System Euro Currency Report For 06/01/2020
Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro...
- Main Events Are Fed Chair Powell Talk and President Trump Press Conference
Global equity markets are weaker as investors wait for a news conference later today by President Donald Trump.
- USDTRY In A Corrective Retracement
USDTRY can come lower into wave four before market finds a support.
- SP500 Futures Higher For a Fourth Day
S&P 500 futures are higher for a fourth consecutive day with the June S&P 500 futures hitting the highest level since March 6.
- Five-wave Rally on EURJPY At Resistance - Elliott wave analysis
EURJPY made a rise above the 118.49 lately, which suggests a wave 5 of a bullish turn underway.
- EURJPY Weekly Chart Double Bottom Near Complete
The EURJPY is forming its 4th straight green daily candle in today's Asia morning, with decent odds for a bit more upside next week before bumping...
Futures Market News and Commentary
The dollar index (DXY00) on Friday fell -0.011 (-0.01%). Jun euro-fx futures (E6M0) closed up +0.0008 (+0.08%), and EUR/USD (^EURUSD) rose +0.0015 (+0.14%). Jun yen futures (J6M0) closed down -0.15 (-0.16%), and USD/JPY (^USDJPY) rose +0.17 (+0.16%).
The dollar index on Friday extended this week's decline to a 2-1/2 month low. The dollar fell Friday on weaker-than-expected U.S. economic data. Still, it recovered most of its losses after President Trump announced retaliation against China for its actions on the coronavirus pandemic and Hong Kong by saying the U.S. will withdraw from the World Health Organization (WHO) and will eliminate policies that give Hong Kong preferential treatment, although he did not institute sanctions on Chinese officials as had been anticipated.
Friday's U.S. economic data was mostly dollar-negative. Apr personal spending fell by a record -13.6% m/m (data from 1959), weaker than expectations of -12.8% m/m. Also, the U.S. Apr PCE core deflator... Read more