Market Overview 2018.02.16

16-02-2018 09:53:25
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EUR/USD

The euro strengthened against the US dollar during Asian trading. Today at 9:20 am, a member of the Executive Board of the European Central Bank Benoit Kuer will hold a speech, which can affect the European currency. Also, at 2:30 pm, the US will publish information on the number of building permits, the number of houses under construction, and information on import and export prices, which may be reflected in the exchange rate of this currency pair. During the Asian trade, the euro strengthened against the US dollar by 0.30%.

EUR/USD by SGT Markets Forex Broker and CFD | February 16, 2018 EURUSD indicators by SGT Markets Forex Broker and CFD | February 16, 2018

GBP/USD

The British pound strengthened against the US dollar during Asian trading. Today at 10:30 retail data will be published in the UK which may reflect on the Birtan pound. Also, at 2:30 pm, the US will publish information on the number of building permits, the number of houses under construction, and information on import and export prices, which can be reflected in the exchange rate of this currency pair. During the Asian trade, the British pound strengthened against the US dollar by 0.31%.

GBP/USD by SGT Markets Forex Broker and CFD | February 16, 2018 GBPUSD indicators by SGT Markets Forex Broker and CFD | February 16, 2018

GOLD

Gold prices strengthened during Asian trade. The price of this precious metal is on track to record the highest weekly growth in the last two years. Gold rose this week mainly due to the weakening of the US currency. At the moment, the US dollar is at its lowest level in the past three years. Today at 2:30 pm, the US will publish information on the number of building permits, the number of houses under construction, and information on import and export prices, which can be further reflected in the price of gold. During Asian trading, the price of gold increased by 0.44%.

GOLD by SGT Markets Forex Broker and CFD | February 16, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | February 16, 2018

OIL

During Asian trade, the price of crude oil has strengthened. After the US dollar weakened to its lowest level in the last three years, the price of crude oil has strengthened and is currently at around $ 61 a barrel. Tonight at 7:00 pm, a report from Baker Hughes will be published in the United States, which shows how many oil wells are open, which can be further reflected in the price of this fuel. During Asian trade, the price of crude oil increased by 0.64%.

OIL by SGT Markets Forex Broker and CFD | February 16, 2018 OIL indicators by SGT Markets Forex Broker and CFD | February 16, 2018