EURUSD Archives - Page 2 of 4 - The Industry Spread

EURUSD at Weekly Lows, Gold below 1,500

August 20, 2019

Asian indices continue higher for second day mirroring the Wall Street as traders looking for stimulus in major economies that can boost hectic growth. Germany is prepared to increase fiscal spending as its economy heading to recession, while the central bank of China lowered corporate borrowing costs. The Hang Seng trading 0.05 percent higher at 26,306, Nikkei225 in Japan is 0.46% higher at 20,656.

Asian Indices Mixed on US-China Trade Tensions, EURUSD Breaks Below 1.11 

August 16, 2019

Asian stocks finished mixed today as US-China trade tensions show no sign of relief. The Hang Seng ended 0.73 percent higher at 25,681, Nikkei225 in Japan finished 0.07% lower at 20,389. The Shanghai Composite ended 0.67 percent higher to 2,834, while in Singapore the FTSE Straits Times index finished 0.70 percent lower to 3,105. Australian equities finished lower, the ASX 200 ended 0.14% lower to 6,399.

EURUSD at 2 Year Lows, Gold Tests 1,400 

August 1, 2019

Asian stocks finished lower today as investors await the first interest rate cut in a decade from Fed. The Nikkei225 ended 0.09 percent higher at 21,540 as Japan Nikkei Manufacturing PMI came in at 49.4, below expectations of 49.6 in July. The Hang Seng finished 0.76 percent lower at 27,565. The Shanghai Composite ended 0.81 percent lower to 2,908, while in Singapore, the FTSE Straits Times index finished 0,27 percent lower to 3,291. Australian equities also ended lower, the ASX 200 finished 0.35% lower to 6,788.

EURUSD and GBPUSD Under Pressure amid Broad USD Strength 

July 26, 2019

Asian stocks finished lower today as earnings disappointments pressure US indices. So far, the results season has been better than expected. With global leading indicators continuing to show the deterioration in the manufacturing sector particularly in Europe, global equities might correct after the recent highs. U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting.

EURUSD at Monthly Low, New UK Prime Minister to Drive GBPUSD

July 23, 2019

Asian stocks finished higher today as U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting. The Nikkei225 ended 0.95 percent higher at 21,620, the Hang Seng finished 0.11 percent higher at 28,402. The Shanghai Composite ended 0.07 percent higher to 2,888, while in Singapore the FTSE Straits Times index finished 0.26 percent higher to 3,365.

Asia Markets Mixed Ahead of NFP, GBPUSD Lower

July 6, 2019

Asian indices finished mixed today as investors turn cautious ahead of the important AFP data from the USA. The Nikkei225 finished 0.20 percent higher at 21,746 the Hang Seng slipped 0.07 percent at 28,774. The Shanghai Composite finished 0.19 percent lower to 3,015, while in Singapore the FTSE Straits Times index finished 0.12 percent higher to 3,011.

EURUSD Stops at 1,14, BTC Continues Higher

June 25, 2019

Asian indices finished lower today as traders focus turn to G210 meeting in Osaka, Japan. The Nikkei225 finished 0.43 percent lower to 21,193 the Hang Seng benchmark in Hong Kong, finished 1.15 percent lower at 28,185. The Shanghai Composite finished 0.87 percent lower to 2,982, while in Singapore the FTSE Straits Times index finished 0.21 percent lower to 3,304. Australian equities finished lower today with the ASX200 down 7 points or 0.1 percent to 6,658.