Forex Review Online
No Result
View All Result
  • Home
  • Crypto
  • Education
  • News
start trading today
  • Home
  • Crypto
  • Education
  • News
No Result
View All Result
Forex Review Online
No Result
View All Result
Home ANALYSIS

European indices close lower on the day and nearer session lows

A.R Chowdhury by A.R Chowdhury
September 15, 2021
Reading Time: 2 mins read
0
European indices close lower on the day and nearer session lows

UK FTSE fairs the best

The major European indices are ending lower on the day and also near there lows for the day.

The provisional closes are showing:

  • German DAX, -0.6%. The low for the day reached -0.7%. The high was +0.09%
  • France’s CAC -0.9%. It’s low for the day reached -1.14%. The high was +0.09%
  • UK’s FTSE 100, -0.1%. It’s low reached -0.27%. The high was +0.19%.
  • Spain’s Ibex, -1.5%. It’s low reached -1.76%. The high was -0.12%
  • Italy’s FTSE MIB -0.9%. It’s low reached -1.32%. The high was +0.13%

In other markets as London/European traders look to exit:

  • Spot gold is down $9.57 or -0.53% at $1794.60
  • Spot silver is down seven cents or -0.33% at$23.76
  • WTI crude oil futures are trading up $2.34 or 3.34% at $72.81
  • Bitcoin is up $1170 at $48,281

The US stock market the snapshot shows the Dow and S&P higher while the NASDAQ is lower. The NASDAQ is on track for its sixth straight down day but is also off it’s lows for the day

  • Dow +96.93 points or 0.28% at 34674.21. it’s low reached  -55.54 points
  • S&P index +11.6 points or 0.26% at 4454.59. it’s low reached -5.45 points
  • NASDAQ index down 11.9 points or -0.08% at 15025.63. It’s low reached -53.1 points

In the forex market, the CAD is the strongest of the majors. The USD is now the weakest. The. The USDCAD is the biggest mover at 0.42% (to the downsides).  

UK FTSE fairs the best

In the US debt market, yields have rebounded higher. The 10 year is now up 2.8 basis points at 1.3070% after trading as low as 2.6%.

US yields

Looking at the 10 year yield chart below, the yield has range between 1.217% 1.378% since August 6. A higher support level comes in at 1.267%. That is near the low yield for the day today.  At the recent high yields, the yield tested the 38.2% retracement of the move down from the 2021 high at 1.375%. If yields are to move higher, getting above that 38.2% retracement would be a clue.

10 year yield

Invest in yourself. See our forex education hub.

Source link

RELATED POSTS

EURGBP erases gains and returns to a familiar bias defining level

New highs for US stocks. The Nasdaq continues to lead

USDJPY has 3 key technical levels that have stalled the rally higher today

ShareTweetPin
A.R Chowdhury

A.R Chowdhury

Related Posts

EURGBP erases gains and returns to a familiar bias defining level
ANALYSIS

EURGBP erases gains and returns to a familiar bias defining level

August 14, 2022
New highs for US stocks. The Nasdaq continues to lead
ANALYSIS

New highs for US stocks. The Nasdaq continues to lead

August 14, 2022
USDJPY has 3 key technical levels that have stalled the rally higher today
ANALYSIS

USDJPY has 3 key technical levels that have stalled the rally higher today

August 14, 2022
WTI crude oil futures settle at $92.09
ANALYSIS

WTI crude oil futures settle at $92.09

August 14, 2022
Bitcoin technical analysis, bulls might be giving up soon
ANALYSIS

Bitcoin technical analysis, bulls might be giving up soon

August 14, 2022
The weekend forex technical report for the week of August 15, 2022
ANALYSIS

The weekend forex technical report for the week of August 15, 2022

August 14, 2022
Next Post
USDCHF hanging near middle of range (with a tilt to the upside)

USDCHF hanging near middle of range (with a tilt to the upside)

Stocks moving higher. NASDAQ looking to break five day losing streak

Stocks moving higher. NASDAQ looking to break five day losing streak

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

USDJPY is staying near lows as consolidation continues

April 3, 2020

Dollar firms as Trump advocates for a stronger greenback

May 14, 2020

Silver down over 3% on the day as buyers show further signs of exhaustion for now

July 30, 2020

Popular Stories

  • New highs for US stocks. The Nasdaq continues to lead

    New highs for US stocks. The Nasdaq continues to lead

    0 shares
    Share 0 Tweet 0
  • EURGBP erases gains and returns to a familiar bias defining level

    0 shares
    Share 0 Tweet 0
  • The USD is the strongest and the NZD is the weakest as the NA session begins

    0 shares
    Share 0 Tweet 0
  • What is Leverage AND Margin in Forex trading?

    0 shares
    Share 0 Tweet 0
  • What is forex and How does it work?

    0 shares
    Share 0 Tweet 0
Forex Review Online

© 2022 My Forex Review - Designed with Jnews Theme.

Navigate Site

  • Home
  • Crypto
  • Education
  • News

Follow Us

No Result
View All Result
  • Home
  • Crypto
  • Education
  • News

© 2022 My Forex Review - Designed with Jnews Theme.