HomeLive CommentsInto US session: Sterling strikes back, Dollar firm after ADP

Into US session: Sterling strikes back, Dollar firm after ADP

Entering into US session, Sterling is the strongest one for today, striking a come back. Dollar is also firm even though there is no new buying after stronger than expected ADP employment yet. Swiss Franc is the third strongest one. Commodity currencies’ fortune reversed with Canadian Dollar leading the way down. Though, the Loonie might try to draw some support from GDP data.

In other markets, major European indices are all trading in black:

  • FTSE is up 1.35%
  • DAX is up 1.18%
  • CAC is up 2.02%
  • German 10 year yield is up 0.019 at 0.389
  • Italian 10 year yield is down -0.043 at 3.429. That is, spread is still above 300

Earlier in Asia:

    • Nikkei closed up 2.16% at 21920.46
    • Hong Kong HSI rose 1.6% to 24979.69
    • China Shanghai SSE rose 1.35% to 2602.78, back above 2600
    • Singapore Strati Times rose 1.76% to 3018.8, back above 3000

Featured Analysis

Learn Forex Trading