Breaking News
Breaking news at the open.
Breaking News
Breaking news at the open.
Economic Data On Deck
Today economic data releases are relativity light today. Release schedule for today are as follow:
Aussie Sold Aggressively Post Shocking RBA Rate Decision; Euro Still Bid
– RBA shocks markets and cuts by 50bps to 3.75% – Decision surprising given RBA track record – Aussie sold aggressively across the board in response – UK manufacturing PMIs disappoint; weighs on Pound
Before The Market
Futures Ahead of the Open S&P fair value: +0.20 NASDAQ fair value: +1.00 Europe volume will be limited with May Day holiday, however, the UK’s FTSE will be open for trading. Currently up 0.39%. UK Manufacturing PMI fell to 50.5 on a downwardly revised 51.9 for the prior month.
US Dollar Set to Bounce vs Euro as Markets Trade in Range
The US Dollar (ticker: USDOLLAR) is set to bounce off of recent range lows against the Euro, Japanese Yen, and other major counterparts as forex market volatility suggests range trading will be the top strategy in the week ahead. DailyFX Individual Currency Pair Conditions and Trading Strategy Bias
USD To Find Bid On Broader Fundamentals, AUD At Risk On RBA Policy
Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9830.8 9844.1 9816.27 0.07 55.72% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.07 percent higher from the open after being oversold on Friday, and the greenback should continue to retrace the decline from earlier this month as we expect the Federal Reserve to conclude its easing cycle this year. However, the technical outlook
Breaking News – Coca Cola May Buy Monster Beverage
Shares of may buy the company.
Breaking News
This morning saw a flurry of economic data pushing the U.S. markets around ahead of the Friday’s Non-Farm Payroll
Euro Formation Foreshadows Key Break, Sterling Rally To Gather Pace
Talking Points Euro: Spain Faces Double-Dip Recession, Triangle Continues To Take Shape British Pound: Clears 23.6% Fib, RSI Bouncing Around 70 Euro: Spain Faces Double-Dip Recession, Descending Triangle Continues To Take Shape
Pre-Market Movers April 30
April 30, 2012 first day of the trading week is starting out in the pre-market very active.
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