As NA traders enter for the day on November 7th, 2017
As North American traders enter for the day, the USD has pushed its way to the top of the currency rank. It is the strongest currency of the day so far. The weakest currency is the AUD. Yesterday at the close, the USD was the weakest. So it seeing a rebound in trading today.
The changes in ranges Are showing that the dollar is near highs against the USDCAD, AUDUSD and NZDUSD in the morning snapshot, but a little off its highs vs. the rest of the majors. The ranges are a little off 22 day average ranges for the major pairs. The activity in the crosses are more limited today.
In other markets, the snapshot is showing:
- Spot gold is down -$4.00 or -0.29% at $1278
- WTI crude oil futures are unchanged at $57.31
- US yields are a little higher. 2-year is at 1.6208, unchanged. Five-year 1.9884%, +0.5 basis points. 10 year 2.3253%, +0.9 basis points. 30-year 2.801%, +0.7 basis points
- US stocks in premarket trading are mixed. S&P futures are down -0.5 points. Dow futures are up 16 points. NASDAQ futures are -3 points
- In European stock market: German DAX unchanged. France's CAC -0.1%. UK FTSE -0.25%. Spain's Ibex -0.2%. Italy's FTSE MIB +0.2%.
- in European 10 year debt market: Germany 0.337%, unchanged. France 0.709%, -1.7 basis points. UK 1.239%, -1.7 basis points. Spain 1.417%, -5.2 basis points. Italy 1.713%, -7 basis points
