Market participants may be on alert for economic data releases and comments from key officials in the U.S.
11.08.2021
- U.S. Weekly Crude Oil Inventories
- U.S. 10-Year Treasury Auction
Yesterday, U.S. stock markets saw mixed trading, resulting in a session characterized by flat stock prices, rising interest rates, and higher oil prices. WTI crude oil, which had been slow to recover from its recent decline, rebounded by about 1.7% and is currently trading around $68.00. The VIX (fear index) remained unchanged, hovering around 16.7. The yield on the 10-year U.S. Treasury note jumped by more than 1.35 percentage points and is currently around 3.00%.
In the foreign exchange market, the Dollar Index has risen to 93.07, reaching last month’s high. Consequently, the USD/JPY pair has risen. It has consolidated around 110.00 and is currently attempting to rise further near 110.65. However, the AUD/USD pair rose yesterday, indicating resistance among Oceania currencies against the dollar.With AUD/USD trading around 0.734, the upside is being capped along the 20-period moving average on the hourly chart, so we want to carefully monitor the higher time frames to determine the direction.
Today, the German Consumer Price Index will be released at 3:00 PM Asia time, the U.S. MBA Mortgage Applications Index at 8:00 PM Europe time, the U.S. Core Consumer Price Index at 9:30 PM U.S. time,at 11:30 PM, U.S. weekly crude oil inventories and remarks by Bostic, President of the Atlanta Fed, at 1:00 AM, remarks by George, President of the Kansas City Fed, at 2:00 AM, a U.S. 10-year Treasury auction, and the U.S. budget balance at 3:00 AM. We will be closely monitoring how the market, currently in the midst of the summer holiday season, reacts to today’s economic releases.
Past Market Reports
20.04.2026
With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall
17.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
16.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
15.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
14.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
13.04.2026
Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures
10.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
09.04.2026
Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?
08.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
07.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
