
Dollar Retreats Ahead Of Inauguration
The dollar index slid 0.25% lower yesterday as the 45th President exited the [...]
Janet Yellen’s testimony to Congress on Wednesday morning didn’t provide too many clear signals but the USD did remain mixed, although more bullish than bearish compared to its major counterparties, with the British Pound bucking the trend and hitting new short term highs. Locally our ASX 200 hardly reacted from the Chinese GDP print as expected at 7.5 per cent but the Aussie Dollar did head lower on the news.
How did the Aussie market perform today?
S&P/ASX200 gained 7.6 points or +0.14% on volume of $3.1 billion, closing at 5518.9.
Australian sector watch
Looking over the charts
ASX top 200 stock analysis
20% of stocks are showing oversold levels, 25% are showing overbought levels and 55% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Wednesday, 16 Jul, 2014 / 9:02
Source : http://blog.invast.com.au/news/asx-top-gainers-losers-plus-market-snapshot-16-july-2014#.U8Y_AfmSwYE
Dollar Retreats Ahead Of Inauguration
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