Market Overview 2018.04.24

24-04-2018 09:48:31
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EUR/USD

During Asian trading, this currency pair recorded a slight upward trend. The dollar index has risen against all major currencies in the fifth session in a row. Growth in US yields is slow. At around 8:35 am, the euro is exchanged for $ 1.2218, which at the beginning of the European session shows a strengthening of the euro by 0.07%. At 10:00, the Ifo indicator of the business climate in Germany will be published. At 16:00, a consumer confidence index for April will be published by the Conference Board.

EUR/USD by SGT Markets Forex Broker and CFD | April 24, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | April 24, 2018

 

GBP/USD

During Asian trading, the British pound is trying to consolidate against the US dollar that is in the fifth consecutive session. At 12:00, the latest indicator of the British Chamber of Commerce (Industrial Procurement Trend) will be published, which is expected to remain at 4 points. At 08:35 hours, this currency pair is at $ 1.3942 per pound, which means stagnation. At 16:00, a consumer confidence index for April will be published by the Conference Board.

GBP/USD by SGT Markets Forex Broker and CFD | April 24, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 24, 2018

USD/JPY

During the Asian trade, the dollar strengthened against the Japanese yen as yields on US Treasury long-term bonds are on a much higher level, and more and more are being discussed about the rising inflation in the US and the need for a larger increase in the Fed’s interest rate. At around 8:40 am, this currency pair is traded at the level of 108.81 yen for one dollar, which at the beginning of the European session makes the dollar stronger than the yen by 0.08%. At 16:00, a consumer confidence index for April will be published by the Conference Board.

USD/JPY by SGT Markets Forex Broker and CFD | April 24, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | April 24, 2018

GOLD

The price of gold is in a slight upward trend during the Asian trade and recovers after the collapse of the US dollar. The returns on US Treasury’s long-term bonds are again at a much higher level, and more and more are being discussed about the rising inflation in the US and the need for a larger increase in the Fed’s interest rate. In addition, geopolitical conflicts are currently out of focus on market participants. At around 08:45, the price of gold is around $ 1327 for a fine ounce. At 16:00, a consumer confidence index for April will be published by the Conference Board.

GOLD by SGT Markets Forex Broker and CFD | April 24, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 24, 2018

OIL

The growth of crude oil shipments from the United States to Europe reached its historic peak, with the stronger dollar affecting the fall in oil prices yesterday. However, the price of crude oil is in the re-strengthening phase during Asian trade. At 22:30, a regular report from the US Petroleum Institute on the stock of crude oil in the United States will be published. About 8:40 hours, crude oil is traded for around 69.22 dollars per barrel, which has grown by 0.84% ​​since this morning.

OIL by SGT Markets Forex Broker and CFD | April 24, 2018 OIL indicators by SGT Markets Forex Broker and CFD | April 24, 2018