[ad_1] Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar outperformed its major counterparts this past week, with the DXY Dollar Index gaining over 0.8 percent. In fact, the DXY just wrapped up its 4th consecutive weekly gain. The last time the same winning streak occurred was back in February. A 5th
[ad_1] Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, S&P 500, Nikkei 225 Charts and Analysis Nasdaq 100 back to 50-day SMA The index has pushed steadily lower in August so far, continuing the weak theme from the end of July.It has managed to stabilise around the 50-day SMA for the time being,
[ad_1] Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, CAC40, Hang Seng Analysis and Charts Nasdaq 100 holds support for now The price rallied off the 15,260 level yesterday, stemming any further declines for now.Crucially it also held trendline support from late April and remains above it in early trading today. A rally
[ad_1] An initial move higher in Wall Street last Friday eventually faded into the close (DJIA -0.43%; S&P 500 -0.53%; Nasdaq -0.36%), as market participants took the opportunity for further profit-taking into the seasonally weaker month of August. The focus was on the US July non-farm payroll report, which saw a miss in job addition
[ad_1] The major US indices opened higher and moved even higher in the early trading for the day. Stocks are reacting to lower yields with the 10 year now down -7.4 basis points. The thirty-year is down -3.7 basis points. A snapshot of the market 12 minutes into the open and showing: Dow industrial average
[ad_1] Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100, Prices, Analysis and Charts FTSE 100 claws its way back from Thursday lows Thursday witnessed an impressive recovery from the lows of the session for the index. Having slumped briefly to a three-week low the price has now rebounded. A
[ad_1] Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, S&P 500, CAC40 Analysis and Charts Nasdaq 100 hits three-week low The index has fallen to its lowest level in three weeks, as the US debt downgrade provides a catalyst for a sell-off. Additional declines target rising trendline support from the April lows, and