Robert Petrucci has worked in the Forex, commodity, and financial profession since 1993. Important aspects of his work involve risk analysis and advisory services. As an advisor in a Family Office he maintains a conservative approach for wealth management and investments. Robert also works in private finance with investors and companies delivering financial and management services.
The Brazilian markets are closed for the holidays today, and this effects the USD/BRL, which remains shuttered for closing until the Ash Wednesday observation is complete, the close of the currency pair near 5.2228 on Friday will need to be watched upon the start of trading.
The USD/SGD is near the 1.26440 ratio as of this writing, this as the currency pair remains within its long-term lower realms, but has taken on a precarious dance the past few days after challenging the 1.26040 vicinity on the 12th of February.
Nasdaq 100 futures are lower this morning around the 24,620.00 ratio in what look to be rather nervous conditions, this as the return of U.S financial institutions are awaited after their long holiday weekend.
The USD/ZAR is near the 15.91830 ratio as of this writing on a day that will most likely remain rather quiet for the currency pair.
At the close of trading on Friday the GBP/USD was near the 1.36514 ratio, this after touching a low earlier in the day when the currency pair lurched towards the 1.35920 mark upon nervousness.
WTI Crude Oil went into this weekend near the $42.495 ratio, this as the commodity finished near its weekly low and showed an ability to test lower depths and remind traders bearish pressure has been seen mid-term.
As of this writing the USD/MYR is around the 3.9055 ratio as it swims within depths that continue to test technical perceptions and long-term charts.
The NZD/USD is around the 0.60570 mark as of this writing with its usual fast fluctuations and wide spread offering a casino like experience for speculators considering pursuit.
The USD/BRL has been traversing lower depths for a few days as the currency pair has correlated to the broad Forex market, yesterday’s close near the 5.1985 ratio will cause speculators to watch its opening today with anticipation.
The USD/SGD is again traversing the lower elements of its long-term values as the currency pair is around 1.26228 as of this writing.
Near a mark of 6,979.50 at the moment in futures trading, the S&P 500 is flirting with its highest level, this as financial institutions and large players both continue to stress nervousness although it appears they are buying.
Futures trading via the Nasdaq 100 this morning has the index around the 25,280.00 vicinity, this as semi-calm conditions are prevailing for the moment, but speculators should continue to brace for potential fast moves.
