Jan. 21: market news

January 21, 2014

Asian markets sprang higher on Tuesday as the People's Bank of China (PBOC) announced a surprise injection of funds on Monday aimed at curbing a recent spike in rates. US dollar got a slight blow from a Wall Street Journal’s report the Fed would again trim its bond buying next week.

Japanese stocks rebounded. Nikkei rallied by 1.5% and dragged up markets from Seoul to Singapore. MSCI’s broadest index of Asia-Pacific shares outside Japan swung round to be 0.5% firmer.

USD/JPY rose to 104.70. Commodity currencies slowed the upside on Tuesday, but still remain supported. NZD/USD strengthened a little on higher-than-expected CPI (+0.1% vs. -0.1% expected), facing resistance at $0.8340. Kiwi is underpinned by expectations of the RBNZ rate hike on Jan. 30 meeting. AUD/USD is capped at $0.8840.

EUR/USD met resistance at $1.3560 (bottom of the daily Cloud). GBP/USD is testing short-term resistance line at $1.6430.

Publication source
FBS information  FBS reviews

January 20, 2017
Advance in inflation across the Eurozone
Euro holds gains against the US Dollar ahead of the ECB rate decision, as majority of economists expect no major updates in the policy, while investors will be taking stock of Draghi rhetoric’s to foresee the timeframe of the next big move by the policymakers...
January 20, 2017
US oil inventory draw gave a temporally support for oil prices
Oil prices remained in red figures after Wednesday's bearish acceleration. Brent a little changed on the day and remained prone to more weakness on Thursday. The benchmark stayed neutral around 54.50 dollars per barrel flirting with the level during the European session...
January 20, 2017
Pound gives up gains
The British pound has pulled back sharply today after making its biggest 1day gain in nearly 20 years’ yesterday, as fears once again crept in about where Brexit will lead to...

Larson&Holz IT Ltd Rating
FIBO Group Rating
FXCM Rating
FBS Rating
Tickmill Rating
XTB Rating

Binary.com Rating
UKoptions Rating
Dragon Options Rating
Beeoptions Rating
Migesco Rating
24option Rating