Яндекс.Метрика The CAD is the strongest. The CHF is the weakest as the NA session begins ⋆ Technologies of the future for life!
Home / Forex Treiding / The CAD is the strongest. The CHF is the weakest as the NA session begins

The CAD is the strongest. The CHF is the weakest as the NA session begins


  • share

The ranges are confined

As the NA session begins, the CAD is the strongest while the CHF is the weakest of the major currencies. The volatility is relatively light for the day as traders brace for the midterm elections and an FOMC decision on Thursday (RBNZ will also have a rate decision).  Key events for the week can be found here).  The USD is mixed

The ranges and changes are contained with the major US pairs trading withing 28 pips of the Friday closing levels. The ranges are also contained in most pairs in relation to the 22-day average trading ranges (red line in the lower chart). 

In other markets to start the day:

  • Spot gold is down about -$4 or -0.32% at $1228.93
  • Crude oil is unchanged at $63.15

IN the pre-US stock trading, futures are implying:

  • Dow down -4 points
  • S&P is near unachanged
  • Nasdaq is down -10 points

In the US debt market, yields are near unchanged levels.

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *