31 August, 2017
Eurozone inflation has sparkled with some excellent results while waiting ECB’s September meeting, where members will discuss the asset purchase program...
The British pound showed the largest monthly decline against the US dollar since October 2016. The British currency remains under pressure from the Brexit talks between the British and the European Union. The pound also remains volatile against the euro...
The euro does not receive support from stronger than expected inflation data released today. The European single currency is burdened with reports that officials of the ECB are concerned about its strength. The consumer price index in the Eurozone rose to 1.5% year-on-year in August...
DAX has risen 0.59% today and it’s now trading at 12,073.00. German Retail Sales dropped 1.2% and Unemployment Change indicated -5K. Eurozone Consumer Price Index Flash Estimate increased to 1.5% and unemployment rate stayed at 9.1%. Tomorrow, the United States will announce Nonfarm Employment Change...
US futures have increased as investors await some important data that might influence Fed’s decisions...
The euro fell by 0.29% against the US dollar today. The euro/dollar is trading at 1.1850. The euro has grown strongly against the US dollar in recent months. On Tuesday, the currency rose above $1.20 for the first time since January 2015. The growth of the euro was supported by strong economic indicators of the Eurozone in 2017...
Trading is neutral, as the pair remains below resistance 143.18. Pivot points are at: (S1) 141.71; (P) 142.24; (R1) 142.97...
Trading of the cross stays on the upside. Actual rally is heading towards 61.8% projection of 122.39 to 131.39 from 127.55 at 133.11. Following pivot points include: (S1) 130.73; (P) 131.22; (R1) 131.47...
Trading in the pair is neutral. Pivot points are at: (S1) 1.4981; (P) 1.5036; (R1) 1.5095...
The GBP/USD pair has declined. Bids are at 1.2875-80, buy orders are at 1.2850-60, 1.2830, 1.2800, 1.2785 and 1.2750. Offers are at 1.2920, 1.2935-40, 1.2955, 1.2980, 1.3000, 1.3020 and 1.3050...
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