Market Overview 2018.04.25

25-04-2018 10:22:28
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EUR/USD

During Asian trading, the world’s major currency pair recorded a downward trend. The ten-year American yields went over 3%. Good indicators of the US economy and growing expectations of the divergence of US monetary policy in relation to other major economies give support to the dollar. At around 08:45 hours, the euro is exchanged for $ 1.2212, which at the beginning of the European session shows a gain of 0.17%. Today there are no major economic news and announcements from the EU and the US, and tomorrow a regular ECB meeting is held where the interest rate is expected to remain at a zero level.

EUR/USD by SGT Markets Forex Broker and CFD | April 25, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | April 25 2018

GBP/USD

During Asian trading, the British pound is trying to consolidate against the US dollar that is in the fifth consecutive session. The ten-year American yields went over 3%. Good indicators of the US economy and growing expectations of the divergence of US monetary policy in relation to other major economies give support to the dollar. At around 08:45 hours, this currency pair is at $ 1.3962 per pound, which means the weakening of the pound by 0.11%. Today there are no major economic news and announcements from the UK and the US.

GBP/USD by SGT Markets Forex Broker and CFD | April 25, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 25 2018

USD/JPY

During the Asian trade, the dollar strengthened against the Japanese yen as the yields on the ten-year US Treasury bonds exceeded 3%, and good indicators of the US economy and growing expectations of the US monetary policy divergence in relation to other major economies give support to the dollar. At around 8:40 am, this currency pair is traded at the level of 109.12 yen per dollar, which makes the dollar a stronger yen by 0.28% 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 25, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | April 25 2018

GOLD

The price of gold is again on the downward trend after yesterday’s partial recovery. The US dollar is recovering again because yields on US Treasury’s long-term bonds are again reaching the maximum. In addition, geopolitical conflicts are currently out of focus on market participants. At around 8:50 am, the price of gold is about $ 1325 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 25, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 25 2018

OIL

The price of crude oil is in a milder withdrawal during Asian trade. Last week’s data from the US Petroleum Institute showed US stock growth of 1.1 million barrels and a drop of 2 million barrels was expected. At 16:30, a regular government report on the stock of crude oil in the United States will be published. At around 08:45 hours, crude oil is traded about $ 67.58 a barrel, which dropped 0.18% this morning.

OIL by SGT Markets Forex Broker and CFD | April 25, 2018 OIL indicators by SGT Markets Forex Broker and CFD | April 25 2018