Categories: Market Overview

FxPro Daily Insight for April 24

Futures on the SP500 add 1% before the start of the New York trading session after almost unchanged on Thursday. Positive dynamics are provided by optimism in connection with a new package of measures to support small and medium-sized business and stabilization of oil prices. The VIX index is at 40. DAX, CAC40, FTSE100 lose about 0.4%.

DXY has reversed in recent hours, retreating 0.6% from the intraday peak. The foreign exchange market today without a single dynamic. For more than a week, the EURCHF has reversed to growth with downtrends at 1.05, which probably helps the euro add to other currencies.

Gold recovered to $1730 after a drawdown to $1720 at the beginning of the day. Attention to the area of ​​8-year highs at $1740

Brent continues to slip near $25. Short-term charts show a slight downward slope.

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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