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

October 25, 2016
Oil rally fizzles out as OPEC efforts seen sterile
The Oil prices retreated on Monday during the Asian trading session as the investors started opting to cut bullish wagers because the doubts gathered about the inability to produce significant changes in the output freeze agreement unless the demand does not increase...
October 25, 2016
Policy divergence
The policy divergence play that is EURUSD was more stable at the early part of the week, this following on from the break below the 24th June low that has marked the major support point and especially over recent days...
October 24, 2016
A volatile week ahead
Global stocks were resilient last week Friday with major arenas clawing back gains following the upbeat corporate earnings and stabilising oil prices which revived risk appetite...

XM Rating
Tickmill Rating
HYCM Rating
OctaFX Rating
FIBO Group Rating
FOREX.com Rating

Banc De Binary Rating
Beeoptions Rating
TropicalTrade Rating
OptionBit Rating
OptionsXO Rating
TopOption Rating