Stocks Set to Open Lower as Investors Weigh Fed Rate Decision, Apple Earnings on Tap
Detailed price information for Solaredge Tech (SEDG-Q) from The Globe and Mail including charting and trades.
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Detailed price information for Solaredge Tech (SEDG-Q) from The Globe and Mail including charting and trades.
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued manner. Both Dollar and Yen are seen navigating within familiar ranges against their European counterparts. Market volatility might experience a slight uptick as US traders return from holiday break today. While FOMC minutes are expected to garner attention, traders will likely hold off on any major bets until Friday's non-farm payroll data release.
Real-time index price for TSX Global Mining Index (TXGM), along with buy or sell indicators, analysis, charts, historical performance, news and more
Dollar and Japanese Yen are posting marginal gains as market attention shifts towards the release of June FOMC meeting minutes. Concurrently, major European indices are slightly down, reflecting a similar sentiment in US futures market. This development has put commodity currencies on the back foot. However, neither Dollar nor Yen has demonstrated enough strength to break free from their near-term trading range against their European counterparts. The restrained market movement signals traders' hesitation to take a strong position ahead of Friday's non-farm payroll data.
The US Dollar remained well-bid above the 141.20 support against the Japanese Yen. USD/JPY formed a base and started a fresh increase above the 142.00 resistance.