Currencies Futures Prices
- Upward Momentum Continues for Stock Index Futures
June S&P 500 futures advanced to their highest level since Mar 6 and NASDAQ futures are at their best levels since Feb 21.
- Forex and underlying currencies - daily analysis and trade ideas
Most setups traded nicely to the Asian European sessions
- They Did it..Cattle, Sugar, Cocoa, U.S. Dollar
Let us look at what happened to those commodities that I wrote about last week and examine the critical values, according to the Model, going into this...
- EURAUD Is Making A Signifncat Trend Change; More Weaknes Coming
EURAUD is falling sharply since March when pair found a top at 1.97 8 level from where we see an impulsive price movement.
- Elliott Wave View: Further Downside in GBPAUD
GBPAUD shows an impulsive Elliott Wave structure from 5.4.2020 high and has scope to see more downside. This article & video look at the Elliott Wave...
- Comparing Bitcoin to Other Sectors, Risk vs. Value
This psychological price level is a major milestone for Bitcoin...
Futures Market News and Commentary
The dollar index (DXY00) this morning is down -0.143 (-0.14%). Jun euro-fx futures (E6M0) are up +0.0032 (+0.29%), and EUR/USD (^EURUSD) is up +0.0035 (+0.31%). Jun yen futures (J6M0) are down -0.60 (-0.65%), and USD/JPY (^USDJPY) is up +0.79 (+0.73%).
The dollar index this morning is lower for the fourth day and dropped to a new 2-1/2 month low. The rally in global stocks today is curbing liquidity demand for dollars. Also, ongoing street unrest in the U.S. is negative for the U.S. economy and is undercutting confidence in the dollar among foreign investors.
Market volatility remains high as confirmed cases of the coronavirus have risen above 6.394 million globally, with deaths exceeding 378,000.
A +1.8% rally in WTI crude oil today to a 3-month high is boosting the currencies of the crude-exporting countries of Canada, Norway, and Russia against the dollar.
EUR/USD this morning rallied to a 2-1/2 month high on hopes Germany will boost stimulus measures.... Read more