OctaFX | OctaFX Forex Broker
Open trading account

Nikkei prints a fresh 6-week low

FXstreet.com (Barcelona) - The Nikkei index has printed a fresh 6-week low at 13387 in early Tokyo trade, last above the 13500 points mark, down -1.9% for the session, and more than -15% since printed fresh 5.5-year highs on May 23th.

With mixed economic data out in the region today, Hang-Seng index is about flat for the session after being first down around -0.5% in early trade, for then bouncing off lows to gain about +0.4%, and then back to where started, last up +0.25%. Australian ASX is up a tiny +0.08% and Korean Kospi down -0.08%, while Shanghai is also down -0.75%.

EUR/USD looking for follow through above 1.3000

The EUR/USD finished the week on a negative note, closing down 48 pips at 1.2996. However, the pair was able to finish of the lows set earlier in the day down at 1.2944. Analysts were pointing towards recent economic data out of Europe as a catalyst for the weakness, particularly the CPI data which came in well below the ECB’s 2% mandate.
Read more Previous

Kiwi posts lowest close since July 2012

The Kiwi finished the week on a negative note, closing down 138 pips to finish at 0.7938 (the lowest daily close since July 2012).
Read more Next
Start livechat