Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
A portion of this post was published also in the public section Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
The U.S. Dollar is trading higher against the Japanese Yen during the mid-morning U.S. session going into the weekend.
Welcome to Friday’s Morning Coffee Break – U.S. equity futures are suggesting lower open on final session of the week, weak Google (GOOG, quote) results dampened investor expectations for the remaining earnings season, especially those names in the tech sector.
Welcome to Wednesday’s Morning Coffee Break – Yesterday’s rally of triple digits on the Dow Jones Industrial and over 14 points in the S&P 500 has put U.S. markets back in the green for the month of October, just 8 session before Friday’s 25th anniversary of the 1987 stock crash.
Welcome to Tuesday’s Morning Coffee Break – U.S. futures are hanging in this morning as the market participants prepare for a slew of earnings results from the likes of Coca Cola (KO, quote), Mattel (MAT, quote) and Intel (INTC, quote) as well as a busy economic calendar today.
Welcome to Thursday’s Morning Coffee Break – As we count down the final two sessions of the week U.S. indexes are on pace for the largest weekly drop since week ending on June 1st. Will bulls be able to muster the first daily gain this week for S&P 500 and NASDAQ?
Welcome to Wednesday’s Morning Coffee Break – U.S. market participants sold Tuesday’s session making it the largest one day drop since August 23 it’s also the last time the Dow Jones index has seen a 1% drop in 6 years. The NASDAQ has not seen this large of loss since June 25.
Welcome to Friday’s Morning Coffee Break – U.S. futures are moving lower on the last day of the week and quarter on fears from the Euro Zone fears and U.S. economic data. After mix data from the U.S. economic calendar traders are looking towards Consumer Income, Spending and Sentiment reports.
The Euro continues to be under pressure for the 9th straight session. As headlines hit the wires about Greece and Spain market participants look to move away from the risk appetite assets send money flowing out of the Euro and into the U.S. dollar. Playing the move Euro move
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