FXstreet.com (Barcelona) – Stock markets in Asia are rising today's session on the back of Japan and China better than economic data, commodities are rising, pushing pressure to the Greenback, which is consolidating low levels.
Japan machinery orders index has climbed strongly 10.5% between September and October, beating 4.2% increases expected by experts and well above 0.5% rises posted in the previous month. South Korea unemployment has fallen and industrial production in china has accelerated.
Nikkei 225 index is trading almost flat so far today, with just 0.055 daily increases, but Hang Seng index is reaching 1.10% advances to consolidate its index above 22,500 level. S&P/ASX 200 index rises 0.50% on the day.
Dollar is consolidating low levels, against the Euro, pair is trading just below 1.5000 key level after testing 1.5015 as intra-day high. GBP/USD consolidates levels above 1.6700, trading currently around 1.6720/30. USD/JPY has been rejected by the 4-week low at 89.30 to trade back close to 90.00.
EUR/USD (Nov 11 at 08:47 GMT)
1.5036/37 (0.29%)
H 1.5045 L 1.4966
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4940 | 1.4978 | 1.5016 | 1.5044 | 1.5082 | 1.5120 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Nov 11 at 08:25 (15-minute timeframe) | |
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