Categories: Market Overview

FxPro Daily Insight for October 16

Market overview

FX: The dollar fell 0.2% per day to 98.0 DXY. There is some rollback on the market after the day before. Except for a decrease in GBPUSD by 0.3%, there is a weakly pronounced dynamics in any direction.

Stocks: S&P500 futures are losing 0.2% from the start of the day to 2990 after rising 1.1% the day before. MSCI World adds 0.8% over the last 24h, almost unchanged in the morning. The VIX volatility index remained near 14.1.

Commodities: By 09:00 GMT Brent traded at $ 58.2, declined 0.8%. Overnight Gold decreased to $1480 after the growth of markets, in the morning it strengthens to $1483.

Crypto: Bitcoin lost 2% per day, remaining at $8100. The top 10 altcoins range from +5% (TRX) to + 4.0% (BSV).

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.

Share
Published by
The FxPro Analyst Team

Recent Posts

USDJPY Wave Analysis 26 April 2024

- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…

2 days ago

Ebay Wave Analysis 26 April 2024

- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…

2 days ago

False Alert with Yen Interventions?

Even though the Bank of Japan left the key rate and parameters of the QE…

2 days ago

Cooler Bitcoin

Market picture  Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…

2 days ago

GBPCAD Wave Analysis 25 April 2024

- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…

3 days ago

GBPAUD Wave Analysis 25 April 2024

- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…

3 days ago

This website uses cookies