HUF: PLNHUF Lower for Fifth Consecutive Session, Narrows Gap to YTD Low
Jun-04 08:50
* The Hungarian forint has settled within a relatively narrow range Wednesday morning, taking cue ...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EQUITIES: Friday Rally Strengthens S/T Bull Cycle for Stocks
May-05 08:50
The latest recovery in the e-mini S&P reinforces current bullish conditions.The contract has traded through the 50-day EMA, at 5620.87. A continuation of the bull phase would expose 5837.25 next, the Mar 25 high and a bull trigger. Eurostoxx 50 futures maintain a positive tone and Friday’s rally strengthens the current bull cycle. The contract has cleared both the 20- and 50-day EMAs, and attention is on 5263.01, a Fibonacci retracement point.
- Dow Jones mini down 262 pts or -0.63% at 41200
- S&P 500 mini down 45.5 pts or -0.8% at 5665.25
- NASDAQ mini down 181.25 pts or -0.9% at 20024.25.
EGB OPTIONS: Large Bund Condor
May-05 08:25
RXM5 132.00/133.50/135.00/136.50c condor, sold at 24.5 in 10k.
JPY: Testing high against the EUR and the Pound
May-05 08:22
- Worth keeping an eye on the Yen (nothing fast nor big), testing session high against the Pound and the EUR.
- The Dollar and the AUD are still lagging, but price action should still be somewhat limited with the Focus on the Fed this Week.
- Small support in USDJPY is seen towards 143.73 (Friday's low) initially, but did trade as low as 142.88 last Thursday.
