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Tuesday, June 4, 2024

American Market Recap: Seller in the USDJPY taking their shot, but missing

Seller in the USDJPY taking their shot, but missing

USDJPY tests swing area (yellow area) and finds buyers The USDJPY fell sharply today and in the process fell below the 50% midpoint of the move up from the mid-May low at 155.647 and the 61.8% of the... 

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Treasury Secretary Yellen:Treasury never tries to time market in debt management

Treas. Sec Yellen in testimony to Senate Appropriations Committee: The treasury never tries to time market in debt management Issuance of treasury bills is in line with historical averages. We have se... 

Crude oil futures settle at $73.25

The price of crude oil futures are settling at $73.25. That is down $0.97 or -1.31%. Below for the day reach $72.48 which was the lowest level going back to February 6 when the low reached $72.38. The... 

US indices soar to new highs; S&P index above key moving average

The major US stock indices are now all in the black (Posiitve on the day( and also recently reached new session highs. Dow Industrial Average average moved to a high of 38783.78 up 212.74 points S&... 

USDCHF on the brink: Key support levels tested

USDCHF falls to the 200 day MA and the 38.2% retracement The USDCHF has continued its move to the downside and in the process has dipped below its 200 day moving average target at 0.8893. The pair is... 

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FX option expiries for 4 June 10am New York cut

There aren't any significant major expiries to take note of for today. But if anything else, just be wary of some modest-sized ones for EUR/USD at the 1.0890-00 level. That could help to lock price ac... 

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