INS: Dollar Very Mixed in the Latest Round of Trading
USD
There is a lot of mixed behavior when speaking of the dollar today. Traders have opted to go mixed when it comes to the U.S. dollar in the latest round of trading. This is as there are main risks in the financial markets today. It should be taken into account that here were some impressive gains when it came to the dollar in early morning trading. However, the dollar has started to lose ground versus its peers. Traders actually have a good amount of risk appetite when speaks of the forex market.
EUR
The EUR/USD pair is trading higher today by 0.07% at $1.3376. The euro has been able to be made some very important gains versus its main currency counterparts in the latest round of trading. There has been is so much market movement day after there were big losses made for Asians stocks earlier.
JPY
The yen has made some very big losses in the past few hours of trading. This is after it fell a lot during yesterday’s trading session. The biggest losses have been made versus the dollar and the Aussie. Traders are just not in the mood to take risks this morning. This is why you will need to get in on the action now in order to make some high returns.
STOCKS:
There was much contrasting behavior when it came to Asian stocks and U.S. stocks in the past trading days. U.S. stocks were able to reverse some of the losses which they made last week yesterday. On the other and, there were some very big losses and by Asian stocks this morning. Traders just feel that there are a lot of problems facing the economies of both China and Japan.
Top indexes in Asia were it very hard, as traders just have a lack of confidence today. Moreover, the top stocks were also hit, as investors are seeking alternative assets. On the plus side, there are European and U.S. stocks to go long on today. However, you will have to choose your trades very wisely in the next few hours of trading.
COMMODITIES:
Crude Oil
Crude oil was higher in early morning trading on the forecast of lower U.S. stockpiles. However, the black gold has since dived, as investors are simply not in the mood to go bullish on the crude oil binary option. We are seeing a lot of weakness when it comes to crude oil today, so traders will really need to pay attention to all the latest developments from the leading economies if they intend in trading the commodity today.
Crude Oil
There has been much weakness for the curd oil binary oil binary options in the past few hours of trading. Investors are of the view that it is not worth it for them to go long on the commodity. Therefore, begin going short on the commodity once you get some free time this Thursday.