EUR/USD buyers have taken back near-term control ForexLive The pair is slowly advancing on the session, with price now at a session high of 1.0946 as buyers are extending gains after a break of the 200-hour MA (blue line) earlier today.
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USD/JPY stays pressured as buyers lose near-term control
USD/JPY is lower amid the softer risk mood, but also as price firmly tracks under the 100-hour moving average for the first time in two weeks ForexLive The break below the 100-hour MA (red line) earlier today hints at exhaustion by buyers amid the inability to firmly break above 111.50 and that means the near-term […]
USDCHF trades to session lows and tests 100 day MA
100 day MA at 0.97585. Lower trend line at 0.9749. The USDCHF trades to a new session low and in the process is back down testing the 100 day moving average at 0.97585. A move below that level would target the lower trend line at 0.9749.
We are in the last hour of trading….buckle up
Looking for the first back to back gains for the major indices We are in the last hour of trading for the stocks. For your guide, the starting levels entering the last hour had the:
ForexLive European FX news wrap: Dollar falls, risk cautious ahead of jobless claims
Forex news from the European morning session – 26 March 2020 Headlines: Markets: – JPY leads, USD lags on the day – European equities lower; E-minis down 0.9%
The ECB continues to get the response it wants from the bond market
Greek and Italian bond yields continue to fall ForexLive The ECB confirmed that they are in the market today and that is keeping European bonds underpinned for the most part, but more importantly it is putting a bid behind periphery bonds – notably Italy and Greece.
Heads up: Fed chair Powell due to make a rare television appearance at 1105 GMT
Powell will be speaking in an interview on the NBC Today show
Eurozone February M3 money supply +5.5% vs +5.2% y/y expected
Latest data released by the ECB – 26 March 2020 – +5.2% ForexLive Money supply growth expanded last month but this all relates to the period before all the stimulus action was seen in the region over the past few weeks to deal with the virus fallout, so the release here is rather moot in […]
Japan says that economic conditions are 'severe', worst view in nearly 7 years
Japan downgrades its economic assessment for the month of March – Sees economy in a 'severe situation, extremely depressed by the coronavirus' – First time removing the word 'recovering' since July 2013 ForexLive
Singapore steps up fiscal measures, to triple cash payouts
Singapore allocates another S$48 billion in second stimulus package – To draw S$17 billion from past reserves to fund stimulus – S$15 billion will be put to enhance jobs support scheme ForexLive