Major indices close at record levels and near intraday highs

NASDAQ index rises 1.06% as buying continues The major US indices are closing at record levels and near session highs as well. The final numbers are showing: the S&P index up 27.61 points or 0.84% at 3316.89. The high reached 3317.11. The low extended to 3302.82 the NASDAQ index rose 98.438 points or 1.06% at 9357.13. The high was at 9357.92. […]

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NZD/USD maintains its advance as buyers recapture near-term control

[unable to retrieve full-text content] NZD/USD trades at session highs around 0.6650 currently ForexLive The pair is maintaining some good momentum on the day as buyers push through the 200-hour MA (blue line) after several attempts to break above the level in Asia Pacific trade. Forexlive RSS Breaking technicalanalysis feed

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Dow record close today. Closes above the 29,000 level.

S&P index and NASDAQ eked out a small gains but off highs The down industrial average closed above the 29,000 level for the 1st time and close at a record high level. The S&P index also closed at a record level with a modest 6.21 point gain. The final numbers are showing: S&P index +6.21 points or 0.19% at 3289.36. The high […]

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USD/JPY still in a tricky spot just under the 110.00 level

USD/JPY remains trapped near the key level ahead of the US-China trade deal signing later today ForexLive The next big move in USD/JPY is going to come in reaction to the US-China trade deal signing, more specifically how markets will interpret the language/communication of the deal as well as what the details – or perhaps […]

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USD/JPY pauses after breakout but bonds not so sure

Note the gap USD/JPY today broke above 110.00 and touched the highest since May at 110.21 but it’s since pulled back and now trades right at the figure. That leaves a doji on the chart and with tomorrow as a potential ‘sell-the-fact’ day on the US-China deal signing, there are risks. In particular, USD/JPY has […]

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EUR/CHF falls to lowest level since April 2017 as Swiss government talks down manipulation

The franc is the strongest performing major currency today ForexLive The franc is tracking higher against the rest of the major currencies bloc as equities stay mixed alongside more tepid bond yields during the European morning. But it is also getting an added lift from remarks by the Swiss government regarding currency manipulation. Switzerland’s State […]

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Gold in a bit of trouble as yields track higher on the day

Gold is threatening a firm break below its 200-hour moving average ForexLive Gold is down to session lows for the day as bonds see added selling, resulting in a move higher across yen pairs as noted earlier as well. Amid some profit-taking activity in US trading on Friday, gold saw a bit of a recovery […]

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