Stock futures are flat to kick off the week with the S&P 500 just inches from a record
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are flat in early morning trade on Monday as the S&P 500 attempts to make a run at a record high this week amid optimism about...
Dollar Consolidating Losses, But No Momentum for Recovery
Markets are mixed in a quiet Asian session today, with little reaction to China’s trade data. Dollar is consolidating last week’s late lost but there is no apparent momentum for a rebound. On the other hand, Yen is mildly higher...
Aussie Rebounds from 7 Week Lows
The Aussie is net little changed over the week, but only after substantial volatility, including 7 week lows. Australia’s strong GDP report and changed RBA language had less impact than the US dollar’s gyrations. AUD/EUR may be the key cross...
EUR/USD Faces Uphill Task, Dollar Consolidates
Key Highlights EUR/USD failed to clear the 1.2250 resistance and corrected lower. It broke a major bullish trend line forming with support near 1.2175 on the 4-hours chart. GBP/USD is still holding gains above 1.4100. The US nonfarm payrolls increased...