23.11.16

Nov 23

FUNDAMENTAL ANALYSIS BY NSFX 23.11.2016

  • BY: Donal Kelly
  • November, 23rd, 2016 12:46 +00:00

Good morning,

Japanese markets will remain closed today for the Labor Thanksgiving Day holiday. USDJPY moved towards the 111 figure level and the pair was trading at 111.06 at time of writing. Australian Construction Work Done in the third quarter fell by more than had been expected and AUDUSD traded at 0.7435 at time of writing. The European market sees <arkit data from France and Germany this session along with data out of the Euro Zone. EURUSD trading at 1.0607 at time of writing.

USDJPYecnDaily 23.11.16AUDUSDecnDaily 23.11.16

Across the Atlantic today we see the main events of the week happening today,which will lead us into the long Thanksgiving weekend. The Initial Jobless Claims figures will be released alongside Durable Goods Orders figures for October, and later int eh session the FOMC Minutes will be made public. EIA Crude Oil Stocks change and New Home Sales figures will also be out this session. USOIL traded at $47.84 at time of writing.

EURUSDecnDaily 23.11.16USOILscDaily 23.11.16

I hope you all have a nice day.