XtremeMarkets

HIGHLIGHT OF THE DAY

HIGHLIGHT OF THE DAY   Fresh news flow of any interest to FX was non-existent. the sole item that perhaps could have caused a stir, but didn’t, was that a gaggle folks senators (bipartisan) had reached an agreement on a US$1.2tln infrastructure package and the way to buy it. there’s still negotiation to be done […]

Quick Market Wrap

Quick Market Wrap It’s been a day of small ranges across major forex pairs with a mixed performance against the Dollar. The EURUSD is a few pips higher, As is GBPUSD, while a change has been seen in AUD and NZD so far this session. USDJPY is fewer points lower. Still to come, Bank of […]

AUD/USD walks water above 0.7600

AUD/USD walks water above 0.7600 AUD/USD clings to the consolidative mood above 0.7600. Support comes in at the YTD lows near 0.7530(Thursday). US NFP is looking forward to being in the limelight later on Friday. The Aussie Dollar alternates gains with losses vs its American Counterpart, leaving the price movement around AUD/USD side-lined over the […]

S&P 500 Prospects follow US Treasury yields to the south ahead of Powell-Yellen duet

S&P 500 Prospects follow US Treasury yields to the south ahead of Powell-Yellen duet S & P 500 Futures fails to increase the prior day’s recovery moves, part ways from Wall Street gains.  Cautions sentiment ahead of key testimony West Versus China struggle heavily the mood amid a light calendar.  Early Signals recommend no challenges […]

GBP/USD prevails limited in a range, moves little post-UK jobs data

GBP/USD prevails limited in a range, moves little post-UK jobs data GBP/USD was seen consolidating its recent strong profits to the highest level in three years. Better-than-expected UK jobs data did little to provide any impulsion in the middle of overbought RSI. The prevailing USD gets rid of bias plans to soothe lockdown in the […]