Key market levels after the Fed Chair press conference.

Technical Analysis

Key levels at the end of the Fed chair press conference

Below are the levels as chair Powell began his press conference and after:

Forex rates vs the USD: The dollar moved lower. 

  • EURUSD 1.1961.  Up to 1.1973 .
  • USDJPY 108.96.  Down to 108.83 
  • GBPUSD 1.3918.  Up to 1.3949 
  • USDCHF 0.9240. Down to 0.9219 
  • USDCAD 1.2442. Down to 1.2412 
  • AUDUSD 0.7765. Up to 0.7803 
  • NZDUSD 0.7211. Up to 0.7259 

US major indices: STocks moved higher

  • S&P index -6.44 points or -0.16% at 3956.27. The S&P is up 11.55 points or 0.29% at 3974.26.
  • Nasdaq, -63.903 points or -0.47% at 13407.66. The NASDAQ index is up 72.785 points or 0.54% at 13544.35
  • Dow +117.44 points or +0.36% at 32943.39. The Dow is up 174.05 points or 0.53% at 33000.00

US interest rates: Rates moved lower

  • 2 year, 0.137%.  Yield falls to 0.131%.
  • 5 year 0.806%, -2.2 basis points.  Yield falls to 0.7804%, -4.8 basis points
  • 10 year 1.658%, +4.0 basis points. Yield falls to 1.626%, +0.89 basis points
  • 30 year 2.443%, +6.5 basis points.  Yield falls into 2.419%, +4.1 basis points

Commodities: Prices up. 

  • Spot gold +$11.07 or 0.64% $1742.47.  Price is up $16.75 or 0.97% at $1748.15
  • Spot silver +$0.29 or 1.13% at $26.22. Price is now up $0.52 or 2.03% at $26.46
  • WTI crude oil futures $-0.30 or -0.46% at $64.50. Price is now down $-0.14 or -0.22% at $64.66

The price of bitcoin is up $286 or 0.51% of $56,671.16. That is well off the low $54,138 and near the high of $57,179. The new price of bitcoin is trading up $1398.19 or 2.48% at $57,782.57
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