The US dollar dropped across the board on Friday and the
dollar index was 0.505 lower during the US session, while the EURUSD pair
surged 0.6% to trade at around 1.1380, negating the immediate bearish trend.
Investors focused on today’s inflation figures from the euro
zone, which came out without any revisions and therefore spurred no volatility
at all. The year-on-year CPI change stayed at 2.2%, whilst the core gauge remained
at 1.1%. The ECB expects the core inflation to rise significantly over the next
quarters, according to Mario Draghi’s words.
Stocks fell sharply on Friday and the US exchanges are about
to open 0.5% lower, while the EU indices were losing nearly 2% as sentiment
worsened notably. Bond yields also dropped and the 10-year was trading at
3.08%, while the 30-year benchmark declined to 3.35%.
The next resistance for the EURUSD stands at 1.14, where the
bearish trend line is seen and afterward near 1.1430, where lows and highs are
converged. On the downside, the key support remains at 1.13.
For the SP500 index, bulls need to defend 2,710 USD for
immediate trend to remain slightly more bullish, while the resistance for today’s
trading could be at 2,740 USD.
Disclaimer:
Analysis
and opinions provided herein are intended solely for informational and
educational purposes and don't represent a recommendation or an investment
advice by TeleTrade. Indiscriminate reliance on illustrative or informational
materials may lead to losses.
©2000-2024. Todos los derechos reservados.
El sitio es administrado por Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
La información presentada en el sitio, no es una base para tomar decisiones de inversión y es proporcionada sólo con fines informativos.
La empresa no atiende ni presta servicio a clientes residentes en Estados Unidos, Canadá y los países incluidos en la lista negra del FATF.
La realización de operaciones comerciales en los mercados financieros con instrumentos financieros de margen, abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a comercializar, se debe tomar de manera responsable a la cuestión de elegir la estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.
Uso de información: al usar completamente o parcialmente los materiales del sitio, el enlace a TeleTrade como fuente de información es obligatorio. El uso de materiales en Internet debe ir acompañado de un hipervínculo al sitio teletrade.org. Importación automática de materiales e información del sitio está prohibida.
Para cualquier duda o pregunta, póngase en contacto con pr@teletrade.global.