Yesterday’s US stocks rebounded, although all three indices declined in the latter half of the market. The forex market has become a risk-on USD selling dominance in the US market, with EURUSD rising to 1.184 and ending the US market with 1.182. GBPUSD was in the 1.292-1.298 range.
EURUSD has moved above the 20 Daily-MA, and the chart shape has improved. On the other hand, I am worried about re-expansion of infection of COVID-19 and the recession in Europe. PMI of Euro zone will be announced on Friday.
Yesterday’s currency strength
US market yesterday
DJIA: 28,308.79 (+113.37, +0.4%)
NASDAQ: 11,516.49 (+37.51, +0.33%)
S&P 500: 3,443.12 (+16.2, +0.47%)
GOLD: 1,917.8 (+2.4)
OIL: 41.46 (UNCH)
US 10-YR: 0.804 (+0.007)
VIX: 29.35 (+0.17)
Asian market today
Nikkei: 23,643~ (+76)
CME Dow future: 28,282~（ -26 Dow）
Economic indicators today
GMT 06:30 (UK) CPI, PPI