Market Overview 2018.05.08

08-05-2018 09:20:06
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EUR/USD

The euro has weakened against the US dollar during Asian trade. Today, price fluctuations on the exchange rate of this currency pair are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, when, last night, US President Donald Tramp announced via Twitter that he would announce at midnight today the final decision on whether the US withdrew from the nuclear disarmament agreement with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1911 for one euro, a drop of 0.10%.

EUR/USD by SGT Markets Forex Broker and CFD | May 8, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | May 8, 2018

GBP/USD

The British pound weakened against the US dollar during Asian trading. Today at 9:30 am the United Kingdom will announce Halifax index house prices, which could affect the British currency, while at 09:15, US President George W. Bush will address the US Federal Reserve, Jerome Pavel, and US President Donald Tramp announced via Twitter that at midnight today, at 20:00 CET, a final decision will be made whether the US withdraws from the nuclear disarmament agreement with Iran, which together can cause increased price fluctuations in the exchange rate of this currency pair. As for economic news from the United States, at 16:00 hours JOLT will be announced a number of newly created jobs, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3549, a decrease of 0.07%.

GBP/USD by SGT Markets Forex Broker and CFD | May 8, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | May 8, 2018

USD/JPY

The US dollar weakened against the Japanese yen during Asian trading. Today, price fluctuations on the exchange rate of this currency pair are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, when, last night, US President Donald Tramp announced via Twitter that he would announce at midnight today the final decision on whether the US withdrew from the nuclear disarmament agreement with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.08 Japanese yen, representing a weakness of 0.01%.

USD/JPY by SGT Markets Forex Broker and CFD | May 8, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | May 8, 2018

GOLD

Gold prices strengthened during Asian trade. Today, price fluctuations in the financial market are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, while US President Donald Tramp announced on Thursday that he will announce at midnight today at 20:00 CET a final decision on whether the US withdraws from the nuclear deal disarmament with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can all be attributed to gold. At the end of Asian trading, the price of gold is around $ 1,312.10 per one ounce, which is a 0.16% weakening.

GOLD by SGT Markets Forex Broker and CFD | May 8, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | May 8, 2018

OIL

During Asian trade, the price of crude oil has weakened. Last night, US President Donald Tramp announced via Twitter that he would announce at midnight today at midnight the final decision whether the US withdrew from a nuclear disarmament agreement with Iran. During the previous trading sessions, the price of this fuel was strengthened by the announcement that the US could withdraw from this agreement, and therefore, price fluctuations on crude oil could be increased. Also at 22:30 in the US, the US Petroleum Institute will publish stocks of this fuel, which can also be reflected in this fuel. At the end of Asian trading, the price of crude oil ranges around $ 69.94 per barrel, which is a decline of 1.12%.

OIL by SGT Markets Forex Broker and CFD | May 8, 2018 OIL indicators by SGT Markets Forex Broker and CFD | May 8, 2018