Nasdaq 100, Dow and Nikkei 225 Make Headway in Morning Trading

Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, Dow Jones, Nikkei 225 Analysis and Charts ​​​Nasdaq 100 continues its recovery ​The index has recovered from the lows seen last week, after nearing the 200-day SMA. ​For the moment, the pullback from the October highs is still in place and leaves the bearish view

Light changes in market sentiment so far in European morning trade

The changes among major currencies are mostly relatively light so far on the day, outside of the antipodeans. EUR/USD is flattish around 1.0480 now and seen holding within a 34 pips range only today. There are large option expiries at 1.0495 that are in play to keep price action pinned just below 1.0500. Meanwhile, USD/JPY

Dow, Nikkei & CAC40 Edge up in Morning Trading

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, CAC 40 Analysis and Charts ​​​Dow holds above trendline support ​After Friday’s slump the index struggled to make much headway on Monday.​The 35,000 level is the barrier to any short-term upside, beyond which the highs of August towards 35,800 loom. For the moment,

Monday morning open levels – indicative forex prices – 28 August 2023

On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to swing around on not too much at all, so take care out there. Indicative rates: EUR/USD 1.0801 USD/JPY 146.45 GBP/USD 1.2581 USD/CHF 0.8848 USD/CAD 1.3588 AUD/USD 0.6409 NZD/USD 0.5906 لینک منبع : هوشمند

Morning JGB trade sees the yield on the 10-year rise to 0.655%

The soft tweak to monetary policy at its previous meeting saw the bank allow the 10 year to rise above its previous 0.5% cap. The new line in the sand is 1%. We are not close to that. Yet. USD/JPY is not far from its recent high, no jawboning from Japan as yet either. What