Market Overview 2018.04.20

20-04-2018 09:02:59
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EUR/USD

During Asian trading, this currency pair stagnates with a mild downward trend. The dollar strengthens against all major currencies as yields on US Treasury long-term bonds are growing again. This morning, the producer price index in Germany was lower than expected. At around 08:50 hours, the euro is exchanged for $ 1.2344, which at the beginning of the European session shows a gain of 0.02%. There are no major economic news and announcements from the EU today. At 13:30, speaker of the Bundes Bank, Jens Weidmann.

EUR/USD by SGT Markets Forex Broker and CFD | April 20, 2018EUR/USD indicators by SGT Markets Forex Broker and CFD | April 20, 2018

GBP/USD

During the Asian trade, the British pound weakened against the US dollar. The dollar strengthens against all major currencies as yields on US Treasury long-term bonds are growing again. At 11:30, a member of the Bank of England’s Monetary Committee, Michael Saunders, will speak. At around 8:35 am, this currency pair is at $ 1.4049 per pound, which means a gain of 0.27%. Today there are no major economic news and announcements from the United States.

GBP/USD by SGT Markets Forex Broker and CFD | April 20, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 20, 2018

USD/JPY

During Asian trading, the dollar weakened against the Japanese yen. Inflation data in Japan were at the level of expectations. However, the dollar strengthens against all major currencies as yields on US Treasury long-term bonds grow again. At around 8:40 am, this currency pair is traded at 107.52 yen per dollar, which makes the dollar stronger by 0.15% at the beginning of the European session. Today there are no major economic news and announcements from the United States.

USD/JPY by SGT Markets Forex Broker and CFD | April 20, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | April 20, 2018

GOLD

The price of gold is in a mild downward trend during Asian trade, as the dollar strengthens. Namely, yields on US Treasury long-term bonds are rising again, and geopolitical conflicts are currently slowed down, that is, in stand by mode. At around 08:45, the price of gold is about $ 1344 for a fine ounce. Today there are no major economic news and announcements from the United States.

GOLD by SGT Markets Forex Broker and CFD | April 20, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 20, 2018

OIL

The price of crude oil is in a mild withdrawal during Asian trade. A monitoring meeting of OPEC and Russia members is being held today in Jeddah, Saudi Arabia, where, besides meeting the quota by country, the pulse for the upcoming high-level meeting will be held in June. The themes will be possible to extend the contract to reduce production in 2018, as well as the possible consolidation of the current alliance into a long-term partnership. At 19:00, a regular report by Baker Hughes on the number of active oil wells in the United States will be published. About 08:40 hours, crude oil is traded for about 68.23 dollars per barrel, which has dropped from 0.09% this morning.

OIL by SGT Markets Forex Broker and CFD | April 20, 2018 OIL indicators by SGT Markets Forex Broker and CFD | April 20, 2018