Trade Idea (2021-01-06) USD selling before Georgia runoff

Trade Idea

Good morning.

The US stock market yesterday saw a rise in key indices ahead of the decisive vote of the US Senator in Georgia, with the Dow Jones Industrial Average at + 0.55%, the S & P 500 at + 0.71% and the Nasdaq Composite at + 0.95%.

In the foreign exchange market, the dollar was totally weak and the risk currencies Australian dollar and NZ dollar were strong.

Breaking news on the progress of ballot counting has begun in the Tokyo market.
US stock futures and CFDs are on sale in a flash report of “both seats are Democratic dominant”.

(Please click the chart to enlarge.)

Market Environment

Yesterday’s currency strength


currency-strength.com

US market yesterday (last Friday)

DJIA: 30,391.60 (+167.71, +0.55%)
S&P500: 3,726.86 (+26.21, +0.71%)
Nasdaq Composite: 12,818.96 (+120.51, +0.95%)
Nasdaq 100: 12,802.38 (+107.71, +0.85%)
Russel 2000: 1,979.11 (+33.19, +1.71%)
Gold Future: 1,957.60 (+3.2)
Oil Future: 49.95 (+0.02)
US10Y: 0.967% (+0.012)
VIX: 25.34 (-1.63)
BTC/USD: 33,953.48 (-69.62)

Economic indicators in this week

GMT
13:15 (US) ADP job report
28:00 (US) FOMC minutes(12月15日・16日開催分)
Georgia runoff result