Market Overview 2018.02.14

14-02-2018 10:01:28
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EUR/USD

The euro strengthened against the US dollar during Asian trading. Today, important economic data are expected to be published for both the Eurozone and the US. At 11:00, preliminary data on gross domestic product will be published in the EU, while at 14:30, in the United States, data on retail and CPI will be published, which together can cause increased price fluctuations in the course of this currency pair. During the Asian trade, the euro strengthened against the US dollar by 0.19%.

EUR/USD by SGT Markets Forex Broker and CFD | February 14, 2018 EURUSD indicators by SGT Markets Forex Broker and CFD | February 14, 2018

GBP/USD

The British pound strengthened against the US dollar during Asian trading. Today, the “road to bankruptcy” campaign, officially headed by Prime Minister UK Theresa May with his ministers, is set to officially begin to approximate the transition agreement of the United Kingdom to the EU. Also, today at 2:30 pm, in the United States, data on retail and CPI will be published, which can also cause increased price fluctuations in the exchange rate of this currency pair. During the Asian trade, the British pound strengthened against the US dollar by 0.11%.

GBP/USD by SGT Markets Forex Broker and CFD | February 14, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | February 14, 2018

GOLD

Gold prices strengthened during Asian trade. Today at 2:30 pm, in the United States, data on retail and consumer price index of core products (Core CPI) will be published. This information is closely monitored by market participants, as if possibly good indicators could further strengthen the Federal Reserve with the intention of raising interest rates at the next meeting in March. During Asian trading, the price of gold rose 0.47%.

GOLD by SGT Markets Forex Broker and CFD | February 14, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | February 14, 2018

OIL

During Asian trade, the price of crude oil has strengthened. Despite the fact that yesterday the US Petroleum Institute announced that the stocks of crude oil had risen, which has so far negatively affected crude oil prices, forecasts of stable economic growth and weakening of the US dollar have strengthened the price of this fuel. Today at 16:30, the United States government will announce a report on crude oil stocks, which can be further reflected in the price of crude oil. During Asian trade, the price of crude oil increased by 0.42%.

OIL by SGT Markets Forex Broker and CFD | February 14, 2018 OIL indicators by SGT Markets Forex Broker and CFD | February 14, 2018