US coronavirus data for April 8, 2020 Meanwhile in NJ which is has the 2nd highest case count in the US, showed: ForexLive
Blogs
Oil rests near the lows of the day but reports say Russia is ready to cut
Keep an eye on oil into settlement Yesterday's big swoon in oil started at about 1 pm ET but it's been quiet today. However we're still within striking distance of the lows of the day as we head into the final hour of trading before floor settlement.
US sells 30-year bonds at 1.325% vs 1.330% WI
Good demand for bonds I weep for the person who buys a 30-year bond that only pays 1.325%. That's a big bet against the Fed never meeting its mandate. ForexLive
New York state coronavirus deaths 779 vs 731 yesterday
New York state coronavirus data for April 8, 2020 Numbers will be filled it as they're released: The number of cases was the highest yet. I have to wonder about the hospital numbers when there are reports like this:
Buckle your seat belt, we are in the last hour of trading for stocks
The price action has been volatile during last hour of trading We have just entered the last hour of trading for the day and if history is any guide, we should have another volatile hour.
Crude oil futures settle at $25.09
Up $1.46 vs 6.18% The price of crude oil futures are settling at $25.09. That's up $1.46 or 6.18% on the day. The high price today reached $26.45, while the low extended to $23.74.
USDCAD keeps below the floor/ceiling
Trend line at 1.4004 (and rising) The USDCAD has moved up to test the floor/ceiling area (see green numbered circles) at 1.3076-80. The earlier high for the day reaches 1.3080. The current hourly bar extended to 1.4075 and reversed lower.
AUDUSD keeps the buyers in control
Moves to a topside trend line on the hourly The AUDUSD moved above highs from March 27, March 31 and April 7 in the 0.6199 to 0.6213 area. The price has extended to a high at 062382. That high also tested a topside trend line on the hourly. Sellers are leaning. That trend line currently […]
The USDCHF moves up and down between MA levels
38.2% and 200 hour MA below. The 100 day MA and 100 hour MA above. The USDCHF is moving up and down between MA levels. On the downside, the 38.2% of the move up from the March 30 low comes in at 0.96833. The 200 hour MA is currently at 0.9680 (and rising). Those levels […]
Pound Wobbles But Steadier as Johnson Still in Intensive Care
<p>The pound has bounced back from the lows it brushed soon after news broke that the UK prime minister, Boris Johnson, has been moved to intensive care a day after being hospitalized for continuing to show symptoms of the coronavirus. Johnson spent a second night in intensive care on Tuesday but the latest is that […]