IG Client Sentiment Update: Our data shows the vast majority of traders in EUR/CHF are long at 79.50%, while traders in USD/JPY ar...is once more trying to regain some of last week’s losses when its European peers were dragging it down amid their election turmoil sell-off. The UK blue chip index is once more trading back above its 55-day simple moving average at 8,173 with Thursday’s high at 8,220 being back in sight.
The 200-day simple moving average at 7,619 is short-term being targeted but is likely to act as resistance. Above it lies the 7,704 late January high.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTSE 100, DAX 40 and CAC 40 try to Stabilize Following Thursday’s Sharp LossesOutlook on FTSE 100, DAX 40 and CAC 40 as large outflows continue to weigh on these major indices
Source: DailyFX - 🏆 305. / 63 Read more »
FTSE 100, DAX 40 and S&P 500 await US Non-Farm Payrolls reportOutlook on FTSE 100, DAX 40 and S&P 500 ahead of US May Non-Farm Payrolls and average hourly earnings data.
Source: DailyFX - 🏆 305. / 63 Read more »
FTSE 100, DAX 40 and S&P 500 recover from their recent lowsOutlook on FTSE 100, DAX 40 and S&P 500 ahead of probable 25 bps ECB rate cut.
Source: DailyFX - 🏆 305. / 63 Read more »
FTSE 100, DAX 40 and S&P 500 Recover from Last Week’s LowsOutlook on FTSE 100, DAX 40 and S&P 500 ahead of probable 25 bps ECB rate cut.
Source: DailyFX - 🏆 305. / 63 Read more »
FTSE 100, DAX 40 and S&P 500 await US PCE inflation printOutlook on FTSE 100, DAX 40 and S&P 500 ahead of the Fed’s preferred PCE inflation reading.
Source: DailyFX - 🏆 305. / 63 Read more »
FTSE 100, DAX 40 and S&P 500 look to be short-term under pressureOutlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel.
Source: DailyFX - 🏆 305. / 63 Read more »