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

The NZD is the strongest and the JPY is the weakest as NA traders enter for the day

A.R Chowdhury by A.R Chowdhury
September 2, 2021
Reading Time: 2 mins read
0
The NZD is the strongest and the JPY is the weakest as NA traders enter for the day

The USD is mostly lower

The AUD is the strongest and the JPY is the weakest as the North American session begins.  The USD is mostly weaker with most of the declines versus the AUD and the NZD.  US stocks are higher in premarket trading. US yields are lower. The Northeast is waking to the destruction from the remnants of Hurricane Ida which dumped torrential rains in a short period time and caused flash flooding (and exposed infrastructure problems).  Initial jobs claims (estimate 342K), revised nonfarm productivity, US trade balance will be released at the bottom of the hour. Factory orders in the US will be released at 10 AM. Fed’s Bostic and Daly will be speaking (at 1 PM and 3 PM respectively). 

The USD is mostly lower

In other markets:

  • Spot gold is trading up to dollars $0.45 or 0.14% at $1815.50. 
  • Spot silver is up three cents or 0.12% at $24.14 
  • WTI crude oil futures are up $0.24 or 0.36% $68.84
  • Bitcoin is trading up $1300 and back above the $50,000 level at $50,202

In the premarket for US stocks, the major indices are higher. The NASDAQ index closed at a record level yesterday. The S&P close just below record closing level.

  • Dow futures implying a gain of 58.47 points
  • S&P futures  imply a gain of 8.4 points
  • NASDAQ futures imply a gain of 42 points

In the European equity markets, the major indices are trading mixed:

  • German DAX unchanged 
  • France’s CAC +0.1%
  • UK’s FTSE 100 -0.1% 
  • Spain’s Ibex -0.2%
  • Italy’s FTSE MIB -0.1%

The US debt market, the yields are trading lower by about 1.5 basis points

The forex market

In the European debt market, yields are higher.

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
Japanese stocks look to break out of range as Suga steps down as prime minister

Japanese stocks look to break out of range as Suga steps down as prime minister

NZD/USD climbs to highest since mid-June as kiwi bulls stay poised for a further upside break

NZD/USD climbs to highest since mid-June as kiwi bulls stay poised for a further upside break

Leave a Reply Cancel reply

Your email address will not be published.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

Recommended Stories

EURUSD trades to the lowest level since June 2020, but find support near 1.1100.

EURUSD trades to the lowest level since June 2020, but find support near 1.1100.

February 28, 2022
Major indices are now all down on the day

Major indices are now all down on the day

September 10, 2021

US stocks open lower. Dow string of 6 up days in jeopardy.

June 10, 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
  • The USD is the strongest and the NZD is the weakest as the NA session begins

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

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

    0 shares
    Share 0 Tweet 0
  • Bitcoin technical analysis, bulls might be giving up soon

    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.