[Video] EUR/USD Caught in The Crossfire of ECB and US CPI

EU (1)

 


For example, should we be treated to a more-hawkish (or less-dovish) than expected ECB meeting, coupled with a weak inflation report then EUR/USD could easily rally. Yet it could just as easily roll over from current levels should the ECB remain dovish/be more dovish than expected with a stronger-than-expected inflation report for the US.

So, in today’s video we highlight key levels for EUR/USD and EUR/JPY ahead of the ECB meeting, and update our analysis on platinum futures.

S&P 500: Market Internals

S&P 500: 4219.55 (-0.18%), 09 June 2021

  • Healthcare (0.99%) was the strongest sector and Financials (-1.05%) was the weakest
  • 4 out of the 11 S&P 500 sectors closed higher
  • 5 out of the 11 sectors outperformed the S&P 500
  • 170 (33.66%) stocks advanced and 332 (65.74%) declined
  • 89.31% of stocks closed above their 200-day average
  • 63.37% of stocks closed above their 50-day average
  • 54.46% of stocks closed above their 20-day average

Outperformers:

  • + 3.05%   -  Catalent Inc  (CTLT.N) 
  • + 3.05%   -  Regeneron Pharmaceuticals Inc  (REGN.OQ) 
  • + 2.95%   -  Sempra Energy  (SRE.N) 

Underperformers:

  • -7.21%   -  DISH Network Corp  (DISH.OQ) 
  • -6.51%   -  Campbell Soup Co  (CPB.N) 
  • -5.65%   -  Brown-Forman Corp  (BFb.N) 

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