Market Overview 2018.05.22

22-05-2018 10:34:35
Back to Market News

Facebooktwitter

EUR/USD

During the European trading, the euro strengthened shifting from the lowest level recorded in December. The yields on the ten-year US Treasury bonds are about 3.07% and the potential development of events in Italy does not favor the euro zone, which is still pushing the euro. There were no major economic news and announcements from the EU today. At around 14:00, the euro is exchanged for $ 1.1764, which at the beginning of the European session shows a weakening of the euro by 0.06% since the beginning of trading today. Today there are no major economic news and announcements from the United States.

EUR/USD by SGT Markets Forex Broker and CFD | May 22, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | May 22, 2018

GBP/USD

During European trading, the British pound is trying and at least managed to strike a balance against the dollar. The yields on the ten-year US Treasury bonds are around 3.07%, which continues to give strength to the US dollar. There were no major economic news and announcements from the UK today. At around 14:00, the British pound is exchanged for $ 1.3432, which means the weakening of the pound against the dollar by 0.28% since the beginning of trading today. Today there are no major economic news and announcements from the United States.

GBP/USD by SGT Markets Forex Broker and CFD | May 22, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | May 22, 2018

USD/JPY

The US dollar lost some of the big gains compared to the Japanese yen during the first part of the European trading. The yields on the US Treasury’s ten-year bonds are about 3.07%. The positive developments in the US-China trade talks of the week do not support the Japanese yen. About 14:05 hours, the US dollar is exchanged for 111.25 yen, which represents a strengthening of the dollar by 0.43%. Today there are no major economic news and announcements from the United States.

USD/JPY by SGT Markets Forex Broker and CFD | May 22, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | May 22, 2018

GOLD

The price of gold rose slightly during the first part of European trading. The strong US dollar, due to its high yields on US government bonds and the US and Chinese approach to trade in commercial matters, continue to (downward) pressure on the price of gold. At around 14:05 hours, the price of gold is around $ 1284, which is a 0.57% price tag. Today there are no major economic news and announcements from the United States.

GOLD by SGT Markets Forex Broker and CFD | May 22, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | May 22, 2018

OIL

During the first part of European trading, the price of crude oil is declining. At around 1:50 pm, the price of crude oil ranges around $ 71.45 per barrel, which is an increase of 0.11% from the start of trading tonight. The price rise was triggered by the positive development of events in US-China trade negotiations. The regular weekly data of Baker Hughes – on the number of oil wells in the US, remained at the level of the previous report (844 units).

OIL by SGT Markets Forex Broker and CFD | May 22, 2018 OIL indicators by SGT Markets Forex Broker and CFD | May 22, 2018