NY Market

  • USD/JPY could not keep its rate at 112.00. Because of bearish US long term interest and Stock, USD/JPY has been sold to 111.64.
  • EUR/USD also became bearish down to 1.1309 and keeps going down as profits taken on EUR/JPY.
  • Stock market also becoming bearish. NY DOW once went down over $400 but ended up $206 negative. US-China summit seems to be the last major market event.
  • Bond market has also been bearish. Long Term interest rate down to a rate at 2.72%.
  • Gold has been weak and bearish for 6 constant days and down below 1,290. Crude also was positive.

Rates

USD/JPY: 111.64 – 111.98

EUR/USD: 1.1309 – 1.1345

EUR/JPY: 126.44 – 126.98

NY DOW: -206.67 –> 25,819.65 USD

GOLD: -11.70 –> 1,287.65 USD

WTI: +0.79 –> 56.59 USD

US 10y Treasury: -0.031 –> 2.722%

Remarkable Orders

Open Positions (Unredeemed Positions – possible bullish/bearish)

USD/JPY: Open Long positions at 111.950, Open Short positions at 111.700

EUR/USD: Open Long positions at 1.13900, Open Short positions at 1.13350

Open Orders (Unredeemed Orders – possible support/resistance)

USD/JPY: Open Buy orders at 111.650, Open Sell orders at 112.250

EUR/USD: Open Buy orders at 1.13750, Open Sell orders at 1.13300

Today’s Economic  Events

  • AUD

3:30 GMT: RBA Rate Statement (Mar)

22:10 GMT: RBA’s Governor Lowe Speech

  • CHF

07:30 GMT: Consumer Price Index (MoM, YoY Feb)

  • EUR

08:15 GMT: Markit Services PMI (Feb)

09:00 GMT: Markit PMI Composite (Feb)

10:00 GMT: Retail Services (MoM, YoY Jan)

  • GBP

09:30 GMT: Markit PMI Composite (Feb)

15:35 GMT: BoE’s Governor Carney Speech

  • USD

15:00 GMT: ISM Non-Manufacturing PMI (YoY, MoM Feb)