Market Overview 2018.01.30

30-01-2018 11:56:21
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EUR/USD

During the Asian trade, the euro weakened against the dollar supported by high yields on US Treasury long-term bonds, the highest since 2014. At around 08:15 hours, the euro is exchanged for $ 1.2353, which at the beginning of the European session shows a weakening of the euro by 0.23%. At 11:00, a preliminary data on the growth of GDP in the euro zone will be published in the fourth quarter. Investors are waiting for the president’s address today (the so-called State of the Union) in the context of the recent contradictory comments by Davos administration officials – about the role (strong or weak) of the dollar. The Federal Reserve meeting begins today and ends tomorrow.

EUR/USD by SGT Markets Forex Broker and CFD | January 30, 2018 GBP/USD by SGT Markets Forex Broker and CFD | January 30, 2018

 

 

GBP/USD

During the Asian trade, the dollar strengthened against the British pound supported by high yields on US Treasury long-term bonds, the highest since 2014. There are no economic news and announcements from the UK today. At around 8:20 pm, this currency pair is at $ 1,4013 per pound, which means the weakening of the pound by 0,44%. At 16:00, consumer confidence index in the United States is expected. At 4:30 pm, Mark Carney, governor of the Bank of England, will speak. Investors are waiting for the president’s address today (the so-called State of the Union) in the context of the recent contradictory comments by Davos administration officials – about the role (strong or weak) of the dollar. The Federal Reserve meeting begins today and ends tomorrow.

 GBP/USD by SGT Markets Forex Broker and CFD | January 30, 2018GBP/USD indicators by SGT Markets Forex Broker and CFD | January 30, 2018 

 

 

USD/JPY

During the Asian trade, the Japanese yen strengthened against the dollar. At around 8:20 pm, this currency pair is traded at the level of 108.69 yen per dollar, which at the beginning of the European session makes the dollar weaker than the yen by 0.24%. At 16:00, consumer confidence index in the United States is expected. Investors are waiting for the president’s address today (the so-called State of the Union) in the context of the recent contradictory comments by Davos administration officials – about the role (strong or weak) of the dollar. The Federal Reserve meeting begins today and ends tomorrow.

USD/JPY by SGT Markets Forex Broker and CFD | January 30, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | January 30, 2018

 

 

GOLD

The price of gold has been declining during the Asian trade, as the dollar supports high yields on US Treasury long-term bonds, the highest since 2014, as well as expectations ahead of tomorrow’s meeting and decision of the Fed. The price of gold is about 8:20 hours, about $ 1335 for a fine ounce.

Gold by SGT Markets Forex Broker and CFD | January 30, 2018 

 
 
OIL

During Asian trade, the price of crude oil is declining, as the stronger dollar exerts pressure on the price of oil. Also, yesterday it was announced that oil production in Iraq has increased. At the end of the Asian session, crude oil is traded about $ 64.86 per barrel, which gives a drop of about 1.07%.

Oil by SGT Markets Forex Broker and CFD | January 30, 2018 Oil indicators by SGT Markets Forex Broker and CFD | January 30, 2018

 
 
DAX30

Dax30 fell on Monday (-0.12%), closing at 13324.48 points. The loser of the day yesterday was Komerc banka (-2.06%).

Dax30 by SGT Markets Forex Broker and CFD | January 30, 2018 Dax30 indicators by SGT Markets Forex Broker and CFD | January 30, 2018