DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

EUR/USD on the defensive below 1.1600, Draghi eyed
Monday, 18 June 2018 14:21 WIB | CURRENCIES | EuroEuroDolar

The demand for the single currency remains subdued at the beginning of the week, keeping EUR/USD under pressure in the vicinity of the 1.1600 handle.

EUR/USD looks to Draghi

The pair is attempting to consolidate in the lower bound of the recent range following the sharp pullback in the wake of the ECB meeting (Thursday) and some decent gains on Friday.

EUR is also deriving pressure from some effervescence in German politics, where Chancellor Merkel™s CDU is in the limelight on immigration issues. In addition, investors™ attention will be on the speech by President Draghi at the Sintra Forum (Portugal) later in the session.

On the USD-side, renewed tensions on the US-China front following US tariffs and Chinese retaliatory measures appear to have removed some tailwinds from the recent upbeat momentum in the buck.

On the positioning front, EUR speculative net longs retreated to the lowest level since December 19 2017 on the week to June 12, according to the latest CFTC report.

In the data space, the already mentioned Sintra Forum should grab all the attention later today. Across the pond, the NAHB index will be the sole release seconded by speeches by Atlanta Fed R.Bostic (voter, centrist) and New York Fed W.Dudley (permanent voter, centrist).

EUR/USD levels to watch

At the moment, the pair is losing 0.21% at 1.1586 and a breakdown of 1.1543 (low Jun.15) would target 1.1508 (2018 low May 29) en route to 1.1479 (low Jul.20 2017). On the flip side, the next hurdle aligns at 1.1617 (low Jun.1) seconded by 1.1698 (21-day sma) and finally 1.1714 (10-day sma).

Source: FX Street

RELATED NEWS
Dollar Gains vs Franc, Yen as Mood Improves...
Friday, 16 August 2019 15:27 WIB

Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the dollar retreating against the pound as a week of tur...

Dollar holds onto gains, but sentiment remains fragile...
Friday, 16 August 2019 08:20 WIB

The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world's top economy, but traders cautioned against reading too much into one piece of data given the gr...

Sterling Bounces as Labour Prepares Bid to Avert No-Deal Brexit...
Thursday, 15 August 2019 23:37 WIB

Sterling rose on Thursday to the highest in more than a week, supported by news that the opposition Labour Party was mounting a bid to bring down Prime Minister Boris Johnson and stop him taking Brita...

Dollar Steady, Yen Slips as Market Selloff Pauses...
Thursday, 15 August 2019 15:18 WIB

The dollar was holding steady against a currency basket Thursday and the safe haven yen turned lower as a cautious calm returned to markets which have been roiled by a brutal selloff triggered by fear...

Yen holds gains as Treasury yield inversion fans recession fears...
Thursday, 15 August 2019 07:29 WIB

The yen held on to gains against major currencies in early Asian trading on Thursday as growing signs of a global economic slump drove investors into safe-haven assets. The Swiss franc and gold also ...

POPULAR NEWS
Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.