EURUSD 1.2127 |
USDJPY 108.69 |
GBPUSD 1.4142 |
AUDUSD 0.7806 |
USDCAD 1.2087 |
GBPJPY 153.71 |
EURJPY 131.82 |
AUDJPY 84.84 |
CADJPY 89.91 |
Silver 27.35 |
Inflation Alert, NFP Rethink, GBP Resists
The Tech wreck made way for the DOW to join the selloff, after reusrging inflation signs lifted yields at the expense of NASDAQ and bond prices (higher yields). But yesterday's pro-cyclicals rotation died down, dragging DOW30 and SPX by 1.5% and 0.9% respectively, while USD lost most of its ground gained earlier. Metals are also making a bounce, ahead of Wednesday's crucial US CPI release. The big miss in non-farm payrolls on Friday led to some soul searching in markets but little in terms of a lasting move. Sterling surged on Monday after a middling mandate for Scottish independence. Subscribers made +300 pips in GBPUSD (see our video for the how and whys behind the trade).
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21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities
Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order.
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