Light data docket sets up mixed picture ahead of European trading

[ad_1] There isn’t much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the

European indices close marginally higher on the day/week

[ad_1] The major European indices are closing the day marginally higher: German Dax, +0.22% France CAC, +0.20% UK FTSE 100, +0.06% Spain’s Ibex, +0.34% Italy’s FTSE MIB, +0.68% Euro Stoxx, +0.30% For the trading week, Spain’s Ibex led the upside, while the UK FTSE 100 and Italy’s FTSE MIB closed lower for the week. :

European stocks in a more mixed mood at the open today

[ad_1] Eurostoxx flat Germany DAX -0.1% France CAC 40 +0.3% UK FTSE -0.3% Spain IBEX +0.6% Italy FTSE MIB +0.1% It’s a more tentative one for equities with US futures also little changed and looking flattish now. But the dollar is not really taking much comfort in that as it sags lower to start the

European equity close: A strong finish to a great week

[ad_1] Closing changes on the day: Stoxx 600 +1.0% German DAX +0.8% UK FTSE 100 +1.2% French CAC +0.9% Italy MIB +0.8% Spain IBEX +1.0% On the week: Stoxx 600 +2.8% German DAX +4.5% UK FTSE 100 +1.9% French CAC +2.7% Italy MIB +2.7% Spain IBEX +4.1% This article was written by Adam Button at

USDCAD rebounds as European traders’ exit. Above 100 hour MA now.

[ad_1] USDCAD The USDCAD is lower on the day, and in the process, fell below the 100-hour moving average in the early European session (blue line in the chart above currently at 1.37356). The subsequent fall to 1.3707 (reached in the morning North American session) so the price fall below the swing high from Wednesday

Eurostoxx futures +0.3% in early European trading

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do

European equity close: Weak trading on Friday erases the weekly gain

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do