Commodities Snapshot (energy)
Energy performance down once again today. Weekly performance at a glance in chart & table
Oil (WTI) –
WTI is down 1.5% today, after yesterday’s gain of nearly 4.5%. WTI is struggling to break above $50/ barrel.
Price is making triangle pric…
Treasury Announces Details Of Next Week's Auctions
Thursday morning, the Treasury Department announced the details of next week’s auctions of three-year and ten-year notes and thirty-year bonds.
The Treasury said it plans to sell $24 billion worth of three-year notes next Tuesday, $21 billion worth …
U.S. Weekly Jobless Claims Unexpectedly Drop To Two-Month Low
First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended March 28th, according to a report released by the Labor Department on Thursday, with claims falling to their lowest level in two months.
Forex technical analysis: USDJPY squeezed higher
EURJPY moves above 130.00. Breaks 200 hour MA and 50% retracement at 129.94. The USDJPY and EURJPY has squeezed to the … (View Article for More)
Dollar Slides Into Easter Break
After a brief respite around the month and quarter end, the US dollar is poised to close another week lower. Global investors are selling the greenback once again this Thursday, one day ahead of the US March non-farm payrolls report and the long Easter holiday weekend. On Wednesday, more doubt was cast over sustainable US [&hellip
Lausanne – There Will be Press Event at An unspecified Time in Lausanne on Iran Nuclear Programme, Reporters Told to Move
LAUSANNE – THERE WILL BE PRESS EVENT AT AN UNSPECIFIED TIME IN LAUSANNE ON IRAN NUCLEAR PROGRAMME, REPORTERS TOLD TO MOVE THERE IMMEDIATELY – EU REPRESENTATIVEThe material has been provided by InstaForex Company – www.instaforex.com
Aud/usd Resumes Its Bear Trend
AUD/USD has resumed its long term downtrend, making new bear market lows overnight.
However, evidence continues to indicate a very late stage decline where new lows should prove relatively limited.
Specifically, weakness should be li…
Euro shakes off trade balance dip, rallies to fresh high
Quick pop to 1.0860.There is no news behind the jump in EURUSD to 1.0860. The pair skidding to 1.0805 on the strong US data but ha … (View Article for More)
German Representation in Brussels says Euro Working Group to Meet on Afternoon of April 8 and on Morning of April 9
GERMAN REPRESENTATION IN BRUSSELS SAYS EURO WORKING GROUP TO MEET ON AFTERNOON OF APRIL 8 AND ON MORNING OF APRIL 9The material has been provided by InstaForex Company – www.instaforex.com
Currency Snapshot (commodity Pairs)
Dollar index trading at 97.52 (-0.60%).
Strength meter (today so far) – Aussie -0.17%, Kiwi +0.92%, Loonie +31%.
Strength meter (since last week) – Aussie -2.11%, Kiwi -0.79%, Loonie +0.34%.
Trading at 0.758
Trend meter –
Long term – Sell, …