Post a new post
Open the left side

CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...

[Copy Link]
195 0

Register now, make more friends, enjoy more functions, and let you play in the community easily.

You need Sign in Can be downloaded or viewed without an account?Register Now WeChat login

x


CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...257 / author:CPT / PostsID:1728064

dollar/Japanese yen(USDJPY):

CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...27 / author:CPT / PostsID:1728064




News eventsMonday, Japanese yen(JPY)Facing certain selling pressure for the second consecutive day and hovering above decades of low points before entering the European period. Bank of Japan(BoJ)The cautious attitude towards further tightening policies indicates that the interest rate gap between the United States and Japan will continue to widen. In addition, with the easing of geopolitical tensions and an overall positive risk tone, the safe haven currency, the Japanese yen against the US dollar, has fallen from its two-week high hit on Friday. At the same time, the optimistic US employment report released on Friday indicated that the Federal Reserve Committee might delay the interest rate cut and continue to support the rise of US treasury bond yield.

Technical analysis:The Japanese yen continues to consolidate and has rebounded below the resistance line after hitting a low point in recent days. Therefore, we are currently keeping a wait-and-see attitude and waiting for clear trend signals.

Resistance level: 151.959 support level:151.02



euro/dollar(EURUSD):
CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...734 / author:CPT / PostsID:1728064




News events:On Tuesday morning in Asia, the euro rose slightly against the US dollar 1.0860 Nearby. USD(USD)The decline has provided some support for major currency pairs. United States NFIBThe Small Business Confidence Index will be released on Tuesday, while the Minneapolis Federal Reserve Bank N. Kashkari We will also give a speech.
This week's focus will shift to the United States announced on Wednesday3Monthly consumer price index(CPI)Data, previously from the United States2Monthly inflation rate3.2%Higher than expected.3Stronger than expected monthly data may suppress6The expectation of a monthly interest rate cut, while weak inflation data may exacerbate speculation of a rate cut.

Technical analysis:The euro continues to1.086Wandering nearby, as long as it does not break through the resistance line above and stand firm, it still maintains a bearish trend, with the opportunity to further decline after waiting for news data release.

Resistance level:1.08763 support level:1.07914



USD Index(USDX):

CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...819 / author:CPT / PostsID:1728064





News events:US dollar index(DXY)Currently experiencing a slight decline, located at 104.15Horizontal line. As the Federal Reserve adjusts its cautious stance based on the latest data, the mild market volatility of the US dollar continues to stir up waves. Last week's announcement Labor market data may prove that delaying the easing cycle is reasonable, while Federal Reserve officials demand patience.
The US economy has yet to show clear evidence of inflation and slowing economic activity, which allows the Federal Reserve to start lowering interest rates with confidence. If the data shows that the economy is resilient and expectations of easing are adjusted, the US dollar may further rise.

Technical analysis:The US dollar index has the opportunity to support testing downwards before continuing to rise again today.

Resistance level: 105.142 support level:104.045



Dow Jones index(US30):
CPT MarketsThe US economy has not yet shown signs of slowing economic activity! Market waiting quietly...42 / author:CPT / PostsID:1728064




News events:Dow Jones Industrial Average(DJIA)This week's opening saw a slight increase, favored by some risk appetite. With the easing of tensions in the Middle East, oil prices have fallen from several months of high, which has prompted stock market investors on Monday I breathed a sigh of relief.
However, the market is in a wait-and-see state, and traders are unwilling to take on excessive risk before the release of the US Consumer Price Index data on Wednesday. United States 3 The monthly inflation rate is expected to decrease from 2 Monthly annual rate 3.2% Accelerate to3.4%But the coreCPIExpected to increase from last month's annual rate 3.8% lower 3.7%。

Technical analysis:The Dow Jones Industrial Average is hovering below its original support line, so there is a chance for it to continue its decline within the day.

Resistance level: 39052.63 support level:37079.24

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.



"Small gifts, come to Huiyi to support me"
No one has offered a reward yet. Give me some support
comiis_nologin
You need to log in before you can reply Sign in | Register Now WeChat login

Point rules of this version

Pepperstone-4
more

Customer Service Center

238-168-2638 QQcustomer service Monday to Friday 20:00-24:00
Quick reply Back to top Back to list