Tag: Day

USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

Japanese Yen Talking PointsUSD/JPY clears the opening range for October as it extends the advance following the US Non-Farm Payrolls (NFP) report, and a move above 70 in the Relative Strength Index (RSI)...

China returns from holiday. Japan celebrates sports day. What’s coming up

It's a light start to the week in the US with the semi-holiday that's Columbus Day but the Asia-Pacific calendar has some notable events.Most notable is that China is returning from a week...

Best October Prime Day tech deals: TVs, laptops, monitors, and more

If you weren’t able to take advantage of Amazon’s summer Prime Day sales event, or you couldn’t find the item you were looking for, here’s your second chance. The Prime Early Access Sale—aka...

US 2-year yields back away from the highs of the day

Whether the Fed ends at 4.50-4.75% or 4.75-5.00% is immaterial but a strong jobs report today raised the chances that the hiking cycle restarts next year.The easiest way to see that is in...

Stock declines are fully erased. Still one more day to the US jobs data

The US major indices - led by the Nasdaq - got off to a weak start today. The RBNZ hiked by 50 and did not follow the RBA lead. The dollar moved...

US major stock indices staging a comeback. Prices are down on the day but erasing losses.

Looking at the S&P index on the hourly chart above, the rally on Monday and Tuesday saw the price extend toward the 38.2% retracement of the move down from the September high. That...

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