Yesteday, the NZD, CAD and AUD were the strongest of the major currencies as “risk on” flows dominated with the giddy stock markets. The USD and the CHF were the weakest as the flow of funds exited the “safe-havens”.
Today, so far, the price action is very limited.
Looking at the changes of the major currencies vs the USD:
- EUR, -0.04%
- JPY, +0.02%
- GBP, -0.08%
- CHF, -0.02%
- CAD, +0.07%
- AUD, -0.08%
- NZD, -0.05%
Looking at the US yield curve:
- 2 year yield 4.996%.
- 5 year yield 4.641%
- 10 year yield 4.663%
- 30 year yield 4.800%
At this time yesterday the
- 2 year yield was at 4.924%
- 5 year yield was at 4.620%
- 10 year yield was at 4.706%
- 30 year yield was at 4.906%
Looking at other markets:
- Crude oil is trading at $82.58. It reached a low for the week yesterday at $80.22
- Gold is trading at $1984.38. It’s low price for the week was on Wednesday at $1969.81
- Bitcoin is trading at $34,865 after reaching a high this week at $35,968
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.forexlive.com/technical-analysis/quiet-start-as-the-final-day-of-the-week-gets-going-20231102/
- :is
- 58
- a
- Action
- After
- and
- AS
- At
- AUD
- CAD
- Changes
- chf
- currencies
- curve
- day
- far
- final
- flow
- Flows
- For
- funds
- going
- High
- HTTPS
- IT
- jpg
- Limited
- Low
- major
- Markets
- NZD
- of
- Oil
- on
- Other
- plato
- Plato Data Intelligence
- PlatoData
- price
- PRICE ACTION
- reached
- reaching
- Risk
- s
- So
- so Far
- start
- stock
- Stock markets
- strongest
- The
- this
- this week
- time
- Trading
- us
- US yield curve
- USD
- very
- vs
- was
- Wednesday
- week
- were
- with
- year
- yesterday
- Yield
- yield curve
- zephyrnet
More from Forex Live
Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI | Forexlive
Source Node: 2288804
Time Stamp: Sep 23, 2023
Deutsche Bank forecast a +50bp Bank of England rate hike at the next meeting | Forexlive
Source Node: 2166879
Time Stamp: Jul 11, 2023
ECB’s Centeno says very close to the time monetary policy may pause | Forexlive
Source Node: 2150940
Time Stamp: Jun 28, 2023
Binance BNB Magnates Face Unprecedented Turbulence: A Detailed Technical Analysis | Forexlive
Source Node: 2123831
Time Stamp: Jun 7, 2023
Multiple social media sources suggest imminent approval of bitcoin spot ETF applications | Forexlive
Source Node: 2427873
Time Stamp: Jan 4, 2024
BOJ to raise rates again later this year – Reuters poll | Forexlive
Source Node: 2551007
Time Stamp: Apr 19, 2024
China October CPI -0.1% m/m (vs. expected +0.0%) | Forexlive
Source Node: 2373432
Time Stamp: Nov 8, 2023
The stronger CPI sent greenback higher vs the CAD, AUD, & NZD. What next for those pairs? | Forexlive
Source Node: 2479045
Time Stamp: Feb 13, 2024
Key earnings releases scheduled for the week starting October 30 | Forexlive
Source Node: 2353265
Time Stamp: Oct 27, 2023
Canada February PPI +0.7% m/m vs +0.1% expected | Forexlive
Source Node: 2518332
Time Stamp: Mar 18, 2024