Market Overview 2018.04.23

23-04-2018 09:07:46
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EUR/USD

The euro has weakened against the US dollar during Asian trade. Today, at 9:30 am, the data of the factory purchasing department of the factory sector in Germany will be published, while at 16:00 in the US, data on the number of sold existing houses will be published, which can all be reflected in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.2273, representing a weakness of 0.12%.

EUR/USD by SGT Markets Forex Broker and CFD | April 23, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | April 23, 2018

GBP/USD

The British pound strengthened against the US dollar during Asian trading. Today there are no economic news from the UK, while at 16:00 in the United States will be published data on the number of sold existing houses, which can all be reflected in the exchange rate of this currency pair. During this week, increased price fluctuations are possible on the exchange rate of this currency pair, as data on gross domestic product (GDP) in the UK will be published in the second half of the week. At the end of Asian trading, the pound is exchanged for $ 1.4019, which is a gain of 0.12%.

GBP/USD by SGT Markets Forex Broker and CFD | April 23, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 23, 2018

USD/JPY

The US dollar strengthened against the Japanese yen during Asian trade. Strengthening the US currency against the Japanese yen was backed by a morning interview by Bank of Japan Governor Haruhiko Kuroda in which he reiterated that in order to reach the target level of inflation, this institution must continue with ultra-light monetary policy. Today at 4:00 pm in the United States, data on the number of sold existing houses will be published, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar exchanged for 107.80 yen, which represents an increase of 0.12%.

USD/JPY by SGT Markets Forex Broker and CFD | April 23, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | April 23, 2018

GOLD

The price of gold weakened during Asian trade. An additional increase in the yield of government bonds in the US has affected the strengthening of the US currency and thus the weakening of the price of yellow metal. Today at 4:00 pm in the United States, data on the number of sold existing houses will be published, which in the short term could be reflected in the price of gold. At the end of Asian trading, the price of gold is around the level of $ 1,336, which is a 0.17% drop.

GOLD by SGT Markets Forex Broker and CFD | April 23, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 23, 2018

OIL

During Asian trade, the price of crude oil has weakened. The increase in newly opened boreholes in the US, which Baker Hughes reported on Friday, points to the increased production of this fuel in the United States, which has a negative impact on the price of crude oil. However, the efforts of the OPEC cartel and the possible reintroduction of sanctions against Iran by the United States provide support to the growth of the price of this fuel. At the end of the Asian trade, crude oil prices are about $ 68.33 per barrel, which represents a weakness of 0.10%.

OIL by SGT Markets Forex Broker and CFD | April 23, 2018 OIL indicators by SGT Markets Forex Broker and CFD | April 23, 2018