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DAILY FOREX IDEAS

Red Wave in the US Markets

The Dow Jones index fell by -22 points to 24,540.24 points. The S&P500 fell by -5.86 points to 2743.07 points. Asia’s indices are in mixed territory after the biggest weekly decline since mid-December.

US index futures stabilized after disappointing US employment on Friday.

GBPUSD dropped to 1.2960, the lowest level since February 19, pending tomorrow’s vote in the UK Parliament.

The Hong Kong Central Bank intervened for the first time since August to defend the fixed exchange rate, according to Bloomberg.

Brent rose by nearly $ 2 to $ 66.08 before OPEC’s monthly publication.

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