Currencies

With US markets shut for Thanksgiving, global markets remained subdued last night. (Accessible only for subscribers before 10:15 AEDST)

Wall Street ended a quiet session slightly higher ahead of tonight’s holiday. Dow up 23. (Accessible only for subscribers before 10:15 AEDST)

The Chartist reports the technical signs suggest the Aussie dollar will again breach US90c and head back to previous lows.

Late selling took Wall Street back to square last night although the Nasdaq did finally breach 4000. Dow flat. (Accessible only for subscribers before 10:15 AEDST)

The Nasdaq briefly hit 4000 last night until profit-taking set in, likely reflecting squaring up before the Thanksgiving break. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)

Market analysts at FXCM observe commodity currency AUD is under pressure while the euro is making a come-back.

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

The Dow scraped over 16,000 last night for the first time in history after a 109 point rally. (Accessible only for subscribers before 10:15 AEDST)

The Fed has collectively indicated tapering will commence sooner rather than later, but we sort of knew that anyway. (Accessible only for subscribers before 10:15 AEDST)

Wall Street continues to fumble around big figure resistance ahead of a speech by the Fed chairman. Dow down 8. (Accessible only for subscribers before 10:15 AEDST)