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Tuesday, July 16, 2024

European Markets Wrap-Up: Eurostoxx futures -0.4% in early European trading

Eurostoxx futures -0.4% in early European trading

German DAX futures -0.4% UK FTSE futures -0.3% US stocks might be continuing to scale to fresh record highs but European indices aren't really joining in on the party. The concerns after the French el... 

tranche

FX option expiries for 16 July 10am New York cut

There is one to really take note of on the day, as highlighted in bold . It is for EUR/USD and seen at the 1.0900 level once again. That is likely to help contain price action and limit any overextens... 

A couple of light releases to move things along in European trading today

The Japanese yen is in the spotlight again today, with USD/JPY inching up by 0.4% to 158.65 currently. I outlined more on that here with US retail sales data one to watch later in the day. Besides tha... 

NZD/USD stays vulnerable to a downside break

NZD/USD daily chart Even though there was a slight bounce last week, it is tough to be bullish on the kiwi in general currently. The only plausible reason I can think of is perhaps AUD/NZD might be ov... 

USD/JPY stays in focus, US retail sales one to watch later in the day

USD/JPY daily chart The pair is seeing a modest bounce today, up 0.4% to 158.65 currently. There's not much of a catalyst but it does come amid a rebound off the upwards trendline for this year. So, o... 

tranche

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FX option expiries for 16 July 10am New York cut

There is one to really take note of on the day, as highlighted in bold . It is for EUR/USD and seen at the 1.0900 level once again. That is likely to help contain price action and limit any overextens... 

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