Dollar keeps steadier so far on the session

Even as equities are finding a bit of a reprieve, currency traders are not really buying it. 10-year Treasury yields are down 2.7 bps on the day to 4.509% now and that is helping to give stocks a light breather. If anything, it could prove temporary and I reckon that is what is helping to

US stocks move to new session lows as European traders look to exit

The major US stock indices are trading at session lows as European traders start to look for the exits for the week. The NASDAQ index is now down around 1.3%. The S&P index is down -0.89%. All the major indices are back below its 50 day moving averages after closing above those moving averages yesterday.

USDCAD trades to new session lows

USDCAD falls to new session lows The USDCAD is trading to a new session alone in the process is testing a swing area between 1.3494 and 1.35039. Below that is the September 1 low at 1.34889. Get below those levels and traders will start to think about the 200 day moving average down at 1.3464

Forex Market Hours GMT Trading Session MT4 Indicator

In the world of forex trading, timing is everything. Knowing the optimal times to trade can significantly impact your trading success. One invaluable tool that can assist traders in this endeavor is the Forex Market Hours GMT Trading Session MT4 Indicator. In this article, we’ll delve into the importance of market hours, the functionality of

S&P 500 slumps to a session low

You could kind of sniff out some late day weakness in stocks due to rising yields and a strengthening dollar. The S&P 500 is down 3 points to 4453 after earlier rising to 4477. Shares of TSLA are down 1.3% after earlier rising while shares of NVDA and Boeing are also a drag. In any

Dollar loses a bit of ground to start the session

And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to roughly

Stocks recover some poise on the session

S&P 500 futures I’m looking out for any headlines to have caused the turn here but I can’t really pinpoint any specific ones. The turn is coming as general equities sentiment is switching around, with tech stocks now leading the way. Nasdaq futures in particular is up 0.6% after having been down 0.3% earlier. Meanwhile,

What is on the economic calendar in the Asian session

A few more economic releases expected in the new trading day in Asian. At 7:01pm ET, the UK’s BRC Retail Sales Monitor is forecast to come in at a year-on-year (y/y) increase of 3.0%, down from the previous 4.2%. At 7:30pm ET, Japan’s Average Cash Earnings for June are projected to report a 3.0% y/y