Dollar keeps a little weaker to start the session
The greenback is lagging on the new week so far
Dollar keeps a little weaker to start the session As the risk mood keeps more positive for now, the dollar is seen weaker across the board. However, losses are still modest for now and not really extending to anything overwhelming as key technical levels are still largely intact.
AUD/USD is still keeping under 0.7000 even as buyers are keeping more near-term control on a push above its key hourly moving averages. Meanwhile, cable is still seen trading under its own 200-day moving average despite a slight nudge higher today.
As for EUR/USD, buyers are also holding near-term control with the bias staying more bullish above the 100-hour MA (red line) but gains aren’t really testing the key resistance region around 1.1340-50 – the area which has limited upside since mid-June.
As such, it is tough to read much into the weakness for now unless equities threaten a further surge which will weaken the dollar in the sessions ahead.
That is pretty much the story in the currencies space as we get things underway.
Looking out further this week, the risk mood will have to brace itself for earnings season in the US and another barrage of coronavirus headlines once we get past the usual Monday low case count i.e. weekend effect.
As for the euro, all eyes will turn towards the 17-18 July EU summit and whether or not we will see a compromise on the recovery fund. The ECB meeting on Thursday should be a rather non-event given the current market situation.
Source: Technical analysis
Comments (54)
… [Trackback]
[…] Read More on on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] There you can find 33070 additional Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Read More on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] There you will find 93672 additional Info to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
188 thanks i like it.
url like studies thanks
url so thankfull now.
… [Trackback]
[…] Read More on to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Read More here to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Here you will find 3582 additional Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Here you will find 48777 additional Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Find More to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
thank you its nice
thank you its really nice
its yes of course neutral thank you its really nice
İstanbul’da Kültür ve Sanat Şöleni: Yeni Bir Müze ve Sergi Alanı Açıldı
… [Trackback]
[…] Read More Info here on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
Wonderful post! We will be linking to this great article on our site. Keep up the great writing
This post post made me think. I will write something about this on my blog. Have a nice day!!
I appreciate you sharing this blog post. Thanks Again. Cool.
Good post! We will be linking to this particularly great post on our site. Keep up the great writing Watch bbc persian news
… [Trackback]
[…] Find More Information here to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
Awesome! Its genuinely remarkable post I have got much clear idea regarding from this post
I just like the helpful information you provide in your articles
… [Trackback]
[…] Here you will find 52076 more Info on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
very informative articles or reviews at this time.
I like the efforts you have put in this regards for all the great content.
… [Trackback]
[…] Here you will find 24742 additional Info to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Find More Information here on that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
… [Trackback]
[…] Find More Information here to that Topic: dayfinanceltd.com/dollar-keeps-a-little-weaker-to-start-the-session/ […]
Thank you very much for this wonderful information. live tv dubai
Sultangazi’de Gençler İçin Kopya Merkezi Açıldı.
Scrap metal reclaiming operations Scrap aluminium market development Scrap aluminium market forecast
Scrap metal reprocessing and recycling, Aluminum cable scrap buyer, Metal waste refining
Scrap metal reclaiming strategies Innovations in aluminium scrap repurposing Aluminum scrap materials
Scrap metal pricing models, Aluminum cable scrap buyer, Metal utilization
Metal reclamation and recovery Scrap aluminium circular supply chain Aluminium scrap annealing
Scrap metal retrieval, Recycle aluminum cables, Metal recovery plant
Scrap metal export regulations Aluminium scrap inventory analysis Aluminum can recycling
Scrap metal remelting, Scrap aluminum cable, Scrap metal reclamation and salvage
Scrap metal reclamation and reuse Scrap aluminum reclamation Aluminium scrap transport logistics
Scrap metal transportation logistics, Aluminum cable scrap dealers, Scrap metal grading standards
Metal scraps recycling Aluminium scrap inventory Secondary aluminium recycling
Metal recycling and redistribution, Salvage aluminum cables, Metal recycling and recovery center
Metal recycling operations Metal recycling and reclamation center Iron scrap reprocessing facility
Ferrous material materials research, Iron reclamation and recovery solutions, Metal processing services
Scrap metal audit Ferrous metal recycling compliance Iron recycling yard
Ferrous, Iron recycling and restoration center, Industrial metal waste
Scrap metal reclaiming services Ferrous metal recycling certifications Iron recycling solutions
Ferrous material waste management, Iron and steel reclamation, Scrap metal analysis
Scrap metal refining Ferrous material recycling events Iron recycling services
Ferrous scrap reclamation yard, Iron waste reclaiming solutions, Metal reclamation and brokerage
Metal scraps buyback Ferrous material recycling services Iron reprocessing and repurposing
Ferrous material circular economy, Iron waste drop-off, Scrap metal reclamation and recovery yard
Metal recovery and reprocessing center Ferrous scrap carbon footprint Iron processing
Ferrous material refurbishment, Iron waste reclaiming and recycling, Metal reclaiming center