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CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...

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CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...993 / author:CPT / PostsID:1728021


dollar/Japanese yen(USDJPY):

CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...581 / author:CPT / PostsID:1728021




Monday European Time, Japanese yen(JPY)Continuing the horizontal consolidation trend, the exchange rate against the US dollar remains within the familiar range of the past two weeks or so for the Bank of Japan(BoJ)The cautious attitude and uncertainty about future interest rate hikes, as well as risk appetite sentiment, continue to weaken the safe haven yen.
Nevertheless, government intervention measures to address signs of excessive depreciation of the domestic currency may prevent yen bears from taking any meaningful depreciation measures.
The Japanese yen continues to consolidate within a key pressure range, but there is a chance to form a four hour chart level reversal pattern. Pay attention to whether the upward pressure level has been maintained during the day.
Resistance level: 151.763 support level:151.070。



euro/dollar(EURUSD):

CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...91 / author:CPT / PostsID:1728021




European Central Bank(ECB)Members of the Management CommitteeRobert HolzmannOn Saturday, it was announced that the central bank may lower key interest rates before the Federal Reserve. In addition, European Central Bank decision-makersYannis StournarasIndicating that the European Central Bank may cut interest rates in total this year 100A basis point, but a consensus has not yet been reached.
Market participants will pay attention to Spain, Italy, France, Germany, and the eurozoneHCOBmanufacturingPMI. On Wednesday, traders will closely monitor3Monthly Eurozone Unified Consumer Price Index (HICP) Initial value. On Friday, attention will shift to non farm employment data in the United States.
The euro is bearish today and has the opportunity to rebound slightly before continuing to fall.
Resistance level:1.07984 support level:1.07306。



USD Index(USDX):

CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...368 / author:CPT / PostsID:1728021





On Monday morning, the US dollar index(DXY)Trading on104.95, reflecting some upward trend.3Strong MoonISMThe business activity report displays2022year9The highest growth since the beginning of the month, which may hinder the Federal Reserve(Fed) Urgent to initiate an easing cycle. The labor market data released later this week will affect expectations.
The US economy appears stable, but the Federal Reserve takes a cautious stance. Despite the upward adjustment of inflation forecasts, under Powell's guidance, the Federal Reserve did not overreact to the short-term surge in inflation. expect6The start of the monthly easing cycle still depends on the upcoming data release.
The US dollar has continued to rise strongly in recent days, and this price is a previous high, which may form a consolidation trend in this support pressure range. It will continue to rise after Friday's non farm payroll period.
Resistance level: 105.108 support level:104.445。



Dow Jones index(US30):

CPT Markets: USAPMIUnexpected news from the index, triggering a significant reversal in US Treasury yields...563 / author:CPT / PostsID:1728021




Dow Jones Industrial Average(DJIA)Monday saw a significant pullback. United StatesISMmanufacturingPMIThe unexpected positive performance of the index poured cold water on the Federal Reserve's loose expectations, triggering a significant rebound in US government bond yields. Manufacturing activities in the United States have expanded again after more than a year of contraction. wholePMIfrom3Of47.8Ascend to50.3Beyond the gentle rise to48.4Expectations. In addition, the payment price classification index soared to55.8, for 2022 year7The highest reading since the beginning of the month has made a positive contribution to the inflation trend. These data may support the hawkish view of the Federal Reserve that there is no rush to start reducing borrowing costs. This week, a series of Federal Reserve spokespersons and key employment data will provide more clues about the central bank's plan.
The Dow Jones index may form an important signal of reversal, and it is important to pay attention to whether there is a clear statement on the support price and range of this market trendKStick combination, if there is a chance to form a large time cycle of retreat.
Resistance level: 39889.93 support level:39274.08。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.




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