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FOREX DAILY HIGHLIGHTS


FED RATE MONITORY TOOL
The dollar index slid almost 0.50% against Major FX on Monday after soft U.S. payrolls data fueled speculation that the Federal Reserve may stop raising interest rates after a highly likely move next week.
The euro edged up 0.5% to $1.1427, even as "yellow vest" anti-government protesters wreaked havoc in Paris during the weekend.
The Chinese yuan dipped after weak trade and inflation data over the weekend, PBOC sets USD/ CNY mid-point today at 6.8693 (vs. Friday at 6.8664).
China's November exports rose just 5.4% from a year earlier, the weakest performance since a contraction in March and well short of the 10% forecast in a Reuters poll, adding to evidence that demand is weakening globally.
Import growth was 3 percent, the slowest since October 2016, and a fraction of the 14.5 percent seen in the poll.
The British pound hit an 11-week low against the euro as Prime Minister Theresa May's deal to exit the European Union looks set to be rejected by parliament on Tuesday. British pound edged up 0.2% to $1.2746.
The dollar fell 0.21% against the yen to 112.40 , edging near Thursday's 5 1/2-week low of 112.23.
The GBP/JPY pair is on the defensive, having dived out of a symmetrical triangle pattern earlier today and a key rising trendline last week.
NZD/USD goes +50 pips in early Monday reversal. Overall markets remain tense, and proximity to the 200-day SMA could keep the Kiwi under wraps.
EUR/JPY rallies to be contained on political risks. Initial resistance are the 55- and 200-day moving averages at 129.37/78.

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