Yesterday’s US stocks continued to rise sharply, with Moderna’s announcement raising expectations for vaccine development, and the DJIA hit a new high on a closing price basis.
The foreign exchange market was also risk-on, and USD and JPY were sold. USDJPY ends in the mid-104 range. EURUSD temporarily fell to 1.1814, but remained above 20 daily-MA, ending at around 1.185.
GBPUSD was also stable, keeping above 20 daily-MA.
EURUSD H1 (Please click the chart to enlarge.)
Yesterday’s currency strength
US market yesterday
DJIA: 29,950.44 (+470.63, +1.6%)
NASDAQ: 11,924.13 (+94.84, +0.8%)
S&P 500: 3,626.91 (+41.76, +1.16%)
GOLD: 1,888.5 (+0.7)
OIL: 41.42 (+0.08)
US 10-YR: 0.898 (-0.008)
VIX: 22.45 (-0.65)
Asian market today
Nikkei: 25,975~ (+67)
CME Dow future: 29,822~（-128 Dow）
Economic indicators in this week
GMT 13:30（US）Retail Sales