Currencies

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

A light volume session on Wall Street ahead of tonight’s US jobs number had the S&P500 back over 2100. Dow up 48. (Accessible only for subscribers before 10:15 AEST)

The Dow recovered from an initial hundred point fall as an anecdotal assessment on the economy neither confirmed nor dismissed a Fed rate hike. Dow up 2. (Accessible only for subscribers before 10:15 AEST)

The Chartist suggests 71.40 is the technically critical point for the Aussie.

Weakness on Wall Street last night was likely most attributable to it being the end of the month. Dow down 86. (Accessible only for subscribers before 10:15 AEST)

Australian data dominated the past 24 hours with shuttered US and UK markets ensuring a quiet night. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

After two strong sessions, Wall Street stalled to regroup last night. Dow down 23. (Accessible only for subscribers before 10:15 AEST)

Wall Street kicked on with it last night, although traders continue to point to short-covering rather than conviction buying. Dow up 145. (Accessible only for subscribers before 10:15 AEST)

FOREX.com notes the US dollar index is approaching resistance which may be breached on Fed expectations.