After the latest NFP disappointed, Michael Hewson of CMC Markets discusses the Dow hitting fresh all-time highs, the potential for further downward pressure on the dollar and a range of Australian dollar currency pairs:
  • SPX 500 – 1700 level currently acting as key support with upward momentum remaining
  • EUR/USD – Continues to rally as economic data improves and Draghi remains accommodative
  • Australian dollar outlook – AUD/USD, AUD/JPY, AUD/NZD, EUR/AUD, GBP/AUD
The video analysis also looks at the Dollar Index, US bonds, UK Gilts, the UK 100, the Japanese Nikkei, USD/JPY, GBP/USD and EUR/GBP, as well as key shares such as Apple, Facebook and Lloyds bank.
  Video content by Michael Hewson of CMC Markets. Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.