In the video below, I go through the technical levels in play for the 3-major curency pairs to kickstart the US session.
8:15am CAD Housing Starts – Estimate: 227K, Prior: 214K
8:30am CAD Wholesale Sales m/m – Estimate: -0.4%, Prior: 0.3%
8:30am USD Core Retail Sales m/m – Estimate: 0.3%, Prior: 0.5%
8:30am USD Retail Sales m/m – Estimate: 0.0%, Prior: 1.4%
8:30am USD Empire State Manufacturing Index – Estimate: -8.2, Prior: -8.1
8:40am USD Fed Chair Powell Speaks
9:15am USD Industrial Production m/m – Estimate: 0.2%, Prior: -0.3%
10:00am USD NAHB Housing Market Index – Estimate: 40, Prior: 40
Dow Industrial average futures implying a decline of -178 pointS&P index futures are implying a decline of -28.58 pointsNasdaq futures are implying a decline of -130.71 points
In the European markets, the major indices are mixed:
German Dax, -0.15%France's CAC, -0.24%UK FTSE 100, +0.15%Spain's Ibex, +0.10%Italy's FTSE MIB, -0.29%2-year yield 4.024, -3.5 basis points5-year yield 4.137%, -2.5 basis points10-year yield 4.513%, -2.9 basis points30-year yield 4.958%, -1.8 basis points
In other markets:
Crude oil down down $2.25 at $60.56Silver down four cents at $32.16Gold is up $4.40 at $3180.64Bitcoin is trading down $1177 at $102,354 This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( The USD is consolidating in up and down trading for the EURUSD/GBPUSD. The USDJPY is down. )
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