Technical Analysis

The USD is the strongest foreign money. The AUD is the weakest at first of the NA session

Flash PMI knowledge weak in Europe at the moment

The USD is beginning the day because the strongest foreign money.   Flash PMI knowledge out of Europe was weak, serving to to ship these currencies decrease. The AUD is the weakest at the moment.  Though employment in Australia confirmed one more achieve, mortgage charges have been elevated by NAB and that reversed the foreign money.  The main pairs are comparatively shut collectively.   

The percentage changes of the major currenciesThe EURUSD and the GBPUSD pairs are buying and selling close to the lows for the day forward of Draghi and a few US knowledge at the moment.  Preliminary claims and Draghi presser is coming above at eight:30 AM ET. Later at 9:45 AM ET, the US Markit PMI might be launched adopted by Main index at 10 AM ET. The shut down within the US cannot cease all the info. 

Ranges are restricted for a lot of the foreign money pairs.  The USDJPY, USDCAD and USDCHF are all buying and selling with ranges beneath 39 pips.  The AUDUSD is the most important pip mover.  The GBPUSD is simply behind at 78 and 77 pips respectively.

The changes and ranges for the major currencies

In different markets:

spot gold is buying and selling down $2.77 or -Zero.22% at $1279.89WTI crude oil futures are buying and selling down $.40 or -Zero.74% at $52.23

Within the pre-trading for US shares, futures are implying a modestly increased opening:

Dow Jones, +33.38 pointsS&P index, +5 pointsNASDAQ index, +33 factors

In European inventory markets, main indices are additionally increased

German DAX, +Zero.42%France’s CAC, +Zero.7percentUK’s FTSE, unchangedSpain’s Ibex, +Zero.67%Italy’s FTSE MIB, +1.Zero%

US yields arehe heading decrease:

US yields are lower todayThe 10 yr benchmark yields in Europe are additionally buying and selling to the draw back after weaker PMI knowledge:The benchmark 10 year European yields are heading down after weak PMI data
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