Technical Analysis

The JPY is the strongest. The AUD is the weakest as NA merchants enter for the day

The USD is combined with features vs dangerous pairs

The JPY is the strongest and the AUD is the weakest as buyers fear about world concern.  The USD is combined with declines vs the AUD, NZD and CAD, declines vs the JPY and close to unchanged ranges vs the EUR, GBP, and CHF.  Shares are buying and selling softly as we speak which helps to result in the flight out of dangerous currencies.

The USD is mixed with gains vs risky pairs

Wanting on the modifications and ranges, the volatility is comparatively muted. The EURUSD solely has a 27 pip vary nicely under its 22 day common vary. The USDCHF has solely moved 22 pips as we speak The USDJPY solely 38 pips.   All of the pairs (together with main crosses) have restricted worth motion vs the norm (month lengthy common vary).  The JPY pairs are all decrease however digging off the bottom ranges of the day. 

The ranges and changes of the major currency pairs

In different markets, a snapshot reveals:

Spot gold, +$7.12 or Zero.56% at $1283.02WTI crude oil futures down $.92 or -1.71% to $52.88Bitcoin on Coinbase is  greater by $37 at  $3557. The  excessive reached $3585 whereas the low prolonged to $3425

Within the  pre-market for US shares,  futures are pointing to a decrease opening:

Dow Jones, -131 factors NASDAQ, -49 pointsS&P, -16.5 factors

 within the European market:

German DAX, -Zero.47%France’s CAC, -Zero.5percentUK’s FTSE, -Zero.4percentSpain’s Ibex, -Zero.3percentItaly’s FTSE MIB, Zero.87%

Within the US debt market, the early ranges are pointing to the draw back:

US yields are lower in trading today

The European benchmark 10 12 months yields are additionally decrease on progress issues:

European 10 year benchmark yields are lower today

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