Market Overview 2018.05.15

15-05-2018 09:51:06
Back to Market News

Facebooktwitter

EUR/USD

The euro has weakened against the US dollar during Asian trade. After yesterday’s US currency reached its lowest level in the past seven days, the rise in US government bond yields strengthened the US dollar, reflected in Asian trading. At 8:00 am a reading of gross domestic product in Germany will be published, and soon the same information will be published for the Eurozone. At 2:30 pm, retail data will be published in the US, which together can cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1919, representing a decline of 0.06%.

EUR/USD by SGT Markets Forex Broker and CFD | May 15, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | May 15, 2018

GBP/USD

The British pound is weak during Asian trading. Today at 10:30 in the United Kingdom, labor market data (data on unemployment change and average wages) will be published, and shortly after 11:00, members of the Monetary Policy Committee of the Bank of England will testify before parliament on inflation and future economic trends. At 2:30 pm, retail data will be published in the US, which together can cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3350, representing a weakening of 0.04%.

GBP/USD by SGT Markets Forex Broker and CFD | May 15, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | May 15, 2018

USD/JPY

The US dollar strengthened against the Japanese yen during Asian trade. The rise in government bond yields strengthened the US currency. At 2:30 pm, retail data will be published in the US, which may be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.89 yen, an increase of 0.20%.

USD/JPY by SGT Markets Forex Broker and CFD | May 15, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | May 15, 2018

GOLD

The price of gold weakened during Asian trade. Strengthening the US currency as a result of the rise in yields on US government bonds led to a weakening of the price of yellow metal. At 2:30 pm, retail data will be published in the US, which can be further reflected in the price of gold. At the end of Asian trading, the price of gold is around $ 1,311.10 per one ounce, which is a 0.55 per cent weakening.

GOLD by SGT Markets Forex Broker and CFD | May 15, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | May 15, 2018

OIL

During Asian trade, the price of crude oil has weakened. Despite the current weakening crisis in the Middle East after US President Donald Tramp decided to withdraw the US from a nuclear deal with Iran, he still supports the rise in crude oil prices. At 22:30 tonight in the United States, a report by the US Petroleum Institute on crude oil stocks will be published, which can be further reflected in the price of this fuel. At the end of Asian trading, crude oil prices are about $ 70.94 per barrel, which represents a weakening of 0.03%.

OIL by SGT Markets Forex Broker and CFD | May 15, 2018 OIL indicators by SGT Markets Forex Broker and CFD | May 15, 2018