| |
Important Financial Indicators of the day |
Forecast |
Previous |
| GBP |
Manufacturing PMI |
Economic health in business (Manufacturing Industry) |
60.7 |
61.5 |
| CAD |
BOC Business Outlook Survey |
Positive Change of sentiment in economic activity |
|
|
Currencies
- EUR/USD opened in the Asian market at 1.4235. The currency pair experienced some bearish movements to 1.4210 and had an uptrend going to 1.4268 which it was the highest movement of the pair so far. At the moment EUR/USD is at 1.4233.
- GBP/USD started the month, opening at 1.6108. The Sterling had a downtrend in the early morning going to 1.6103. Eventually though Cable managed a session high so far of 1.6141 and was last at 1.6125 and trading comfortably back within the 1.6115/30 range that dominated morning trading.
- USD/JPY began its session in Tokyo at 84.05.The pair had a bullish sentiment after the the high purchase movements of EUR/JPY. The uptrend in the EUR/JPY was encouraged by stop loss triggering above 120.00 to a high of 120.07 that encourage the Japan's economy after its recent natural disasters.
- USD/CAD opened today at 0.9680.The loonie after the important financial indicators of Friday's, regarding the non-farm payrolls and the open work positions in government expected to push the pair's value up. The price of the oil assisted the currency pair so at the end we didn't have any important. Now the pair is at 0.9625 having a bearish situation, following a downtrend.
Commodities
WTI Crude Oil:Current price of Oil is 108.490 following a uptrend of +0.51% having a change of +0.550
GOLD:Current price of Gold is 1,432.000 having an uptrend of +0.22% with a change of +3.100
SILVER:Current price of Silver is 38.105 having anuptrend of +0.99% with a change of +0.373
NATURAL GAS:Current Price of Gas is 4.318 having a down trend of -1.01% with a change of -0.044
Sources: Bloomberg, FT