Page 17 - Simple Moving Average News Today

The Swiss Franc (CHF) edges higher against the US Dollar (USD) on Monday as it capitalises on its safe-haven status.

The Canadian Dollar (CAD) had a mild recovery on a quiet Monday, trading into the green against most of its major currency peers as broader markets hunkered down and waited for a push from US Consumer Price Index (CPI) inflation figures slated for Tuesday.

The US Dollar (USD) is recovering a bit from last week's steep sell off after several jobs-related data pointed to the US labor market starting to roll over. For this week, the Greenback is set for a very firm data-driven

The NZD/JPY is currently trading at 90.61, reflecting a slight decrease at the start of the week.

The Mexican Peso posts minimal losses against the US Dollar on Monday amid a risk-off impulse ahead of the release of the latest inflation report in the United States.

The Dow Jones Industrial Average (DJIA) is up on thin margins for Monday, trading on the high side of 38,500.00 as its counterpart indexes are slightly softer on the day.

West Texas Intermediate (WTI) US Crude Oil traded closely with the $78.00 handle on Thursday as bullish Crude Oil momentum stopped in its tracks as rising US Crude Oil stocks begin to weigh on energy risk appetite.

The GBP/USD pair attracts some buying during the Asian session on Friday and for now, seems to have snapped a two-day losing streak to a one-week low, around the 1.2615-1.2610 region touched the previous day.

Gold price (XAU/USD) holds steady around the $2,045 region during the Asian session on Friday and remains well within the striking distance of a nearly one-month peak touched the previous day.

Gold price is consolidating near four-week highs of $2,051, gathering pace for the next push higher.