Categories: Market Overview

FxPro Daily Insight for September 19

Market overview

FX: The dollar index now stands at 98.0, returned more than half of the 0.4% gain after the Fed’s comments. EURUSD remains at 1.1050; AUD and CNH continue to weaken; JPY is adding to the dollar. Currency market volatility remained below average monthly levels.

Stocks: S&P500 Futures remain close to 3000. Chinese indices returned their initial gain at the opening of the day; Nikkei225 weakened in response to the BoJ saved its policy. The VIX volatility index fell from 14.6 to 13.9.

Commodities: Brent fell to $63.0, calming down after the weekly start Gold declined to $1495.

Crypto: Bitcoin fell by 3.3% overnight to $9900. Top-10 altcoins lose from 2 to 6% in the last 24 hours.

Important upcoming events (GMT): 07:30 CHF [!!!] SNB Policy Rate 08:30 GBP [!!!] U.K. Retail Sales 11:00 GBP [!!!] Bank of England Interest Rate Decision 14:00 USD [ !!] U.S. Existing Home Sales

Detailed economic calendar

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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