Video 110 Yen in Focus for NFP Silver Start to Slide
We could be in for a quiet session ahead of today’s NFP report, but sparks could fly if it misses estimates, like ADP employment did earlier this week.
Share this:
![[Video] 110 Yen in Focus for NFP, Silver Start to Slide](/-/media/Research/Global/News Analysis/Featured Image/2021/03/FOREX9v2)
In today’s video we revise our analysis on Morgan Stanley (MS) and spot silver (XAG/USD), then take a look at USD/JPY ahead of NFP.
S&P 500: Market Internals
S&P 500: 4429.1 (0.60%), 05 August 2021
- Energy (1.28%) was the strongest sector and Healthcare (-0.376%) was the weakest
- 9 out of the 11 S&P 500 sectors closed higher
- 6 out of the 11 sectors outperformed the S&P 500
- 2 out of the 11 sectors traded lower on the S&P 500
- 361 (71.49%) stocks advanced and 142 (28.12%) declined
- 82.38% of stocks closed above their 200-day average
- 56.63% of stocks closed above their 50-day average
- 65.74% of stocks closed above their 20-day average
Outperformers:
- + 9.09% - Penn National Gaming Inc (PENN.OQ)
- + 8.33% - Wynn Resorts Ltd (WYNN.OQ)
- + 7.51% - American Airlines Group Inc (AAL.OQ)
Underperformers:
- -14.3% - Cardinal Health Inc (CAH.N)
- -10.9% - Cigna Corp (CI.N)
- -9.74% - ETSY Inc (ETSY.OQ)
How to trade with FOREX.com
Follow these easy steps to start trading with FOREX.com today:
- Open a Forex.com account, or log-in if you’re already a customer.
- Search for the pair you want to trade in our award-winning platform.
- Choose your position and size, and your stop and limit levels.
- Place the trade.
The complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
British Pound Technical Outlook: GBP/USD Rebound Challenges September Downtrend 9 30 2026
Sterling has rallied sharply from key support, with GBP/USD at an inflection point that could determine whether a larger recovery is underway.
EUR/USD forecast: Eurozone stagflation risks mount as dollar holds firm ahead of data
The dollar was bouncing back at the time of writing, after it had eased overnight on the back of some weaker-than-expected economic data yesterday which had prompted markets to scale back expectations of an October Fed rate hike. However, with more significant US data due today and Friday, and with oil prices continuing to remain elevated, the dollar’s broader direction remains bullish.
Treasury Yields Lose Momentum as Energy ETF Retreats
The 10-year Treasury yield is testing a resistance zone respected since the 1920s, as bearish RSI divergence signals fading upside momentum.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.