USD/CAD’s next move
The USD/CAD moved lower today on mixed Canadian economic data and imminent Spanish bailout sent traders fleeing the U.S. dollar into the Lonnie.
Currencies
Morning Coffee Break
Welcome to today’s Morning Coffee Break – U.S futures are indicating a lower open with fair value for the Dow Jones at -23.10, S&P 500 at -2.24 and the NASDAQ fair value at -5.84. Market participants will get to hear from two Federal Reserve officials throughout the day today.
U.S. Dollar Losing Ground To The Euro
The U.S. dollar continues to remain under pressure as the U.S. dollar index trades below the 80 level to 79.68 in anticipation of the Federal Reserve will begin its third round of monetary easing (QE3). Market participants are focusing on tomorrow’s statement from the FMOC scheduled for 12:30 a.m. ET.
Wednesday September 12, 2012 Trending Equities
Below are Wednesday’s trending equities ahead of the opening bell.
Have a Market Opinion? Want to Share Your Thoughts?
Do you have a market opinion or some market insight you want to share? Do you like to write or do research?
Ahead of the Opening Bell
Well this week kicks off earnings season right in the middle of the euro zone storm and ahead Wednesday’s FOMC statement.
China Economic Data Releases
China’s June Consumer Price Index (CPI) and Producer Price Index (PPI) data release overnight are mixed.
Breaking News – Supreme Court Decision
Breaking News – Supreme Court Decision
Ahead of the Open Bell
Can U.S. markets move higher after a broad sell off Monday? Two weeks ago trader overcame the broad sell off but future’s today look basically flat in pre-markets with implied opens for Dow Jones at 13.34, S&P 500 0.03 and the NASDAQ at 2.26 as of 8:40 a.m. ET.
Ahead of the Opening Bell
All 3 U.S. stock indexes are pointing to a higher open as investors focus on the FOMC meeting and domestic issues facing U.S. economy. The question of the day is “what will the Fed do?”
You must be logged in to post a comment.