The US dollar has initially rally during the trading session on Thursday before pulling back from the highs after the Fed Fund Rate Futures for December 2020 went negative.
Blogs
S&P 500 Forecast: Looks Likely to Test 200 EMA Again – 08 May 2020
The S&P 500 has tried to rally during the trading session on Thursday but failed again at the exact same spot it has over the last couple of days.
NASDAQ 100 Forecast: Trying to Break to Fresh New Highs – 08 May 2020
The NASDAQ 100 has rallied again during the trading session on Thursday to test the highs again, as we are above the 9000.
USD/INR Forecast: Futures Imply ZIRP Indian Rupee Gains – 08 May 2020
The US dollar initially tried to rally against the Indian Rupee during the trading session on Thursday, as we continue to see a bit of a recovery
Silver Forecast: Markets Looking Towards the 16 USD Level – 08 May 2020
The silver markets have rallied significantly during the trading session on Thursday, as the US dollar got crushed after Fed funds rates for December 2020 went negative.
WTI Crude Oil Forecast: Showing Signs of Exhaustion Finally – 08 May 2020
The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Thursday but ran into the 50 day EMA to start selling off yet again.
Gold Forecast: Markets Continue to Look Very Bullish – 08 May 2020
The gold markets rallied significantly during the trading session on Thursday as the Fed Funds Futures rate went negative for December 20.
CFTC commitments of traders: EUR longs trimmed for the 2nd week in a row.
Forex futures positioning data for the week ending May 5, 2020. Below is a chart of the deposition in the EUR. Although lower from the recent peak, it is still near high levels for the year, and high levels going back to June 2018.
Apple to reopen a small number of stores next week
Stores in Idaho, South Carolina, Alabama and Alaska to reopen Apple is phasing in the reopening of a small number of stores next week. Stores in Idaho, South Caroline, Alabama and Alaska will be reopened with safety measures in place.
Pres. Trump: Not in a rush for next relief measure
The White House said otherwise a few hours ago A few hours ago, a headline read: Which one is it? The Pres. also says: See here for global coronavirus case data