Market Overview 2018.05.25

25-05-2018 10:27:50
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EUR/USD

During the Asian trade, the euro weakened against the dollar and is again close to the minimum recorded yesterday. At around 08:45 hours, the euro is exchanged for $ 1.1704, which at the beginning of the European session shows the weakening of the euro by 0.13%. At 10:00, the Ifo indicator of the business climate in Germany will be announced for April. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

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

GBP/USD

During the Asian trade, the British pound weakened against the US dollar. At around 08:45, this currency pair is at $ 1,3357 per pound, which means a 0.17% pound loss. At 10:30, preliminary data on GDP growth in the UK in the first quarter will be published. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

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

 

USD/JPY

During Asian trading, the Japanese yen weakened against the dollar. After yesterday’s cancellation of a meeting with the North Korean leader by US President Donald Tramp, the dollar was recovering against the yen. Namely, they have, in fact, suppressed the figures on basic inflation in the current variant. An annual growth rate of half a percentage is expected, and a 0.6% growth is expected. At around 08:45, this currency pair is traded at the level of 109.42 yen per dollar, which makes the dollar stronger at the beginning of the European session against the yen by 0.16%. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

USD/JPY by SGT Markets Forex Broker and CFD | May 25, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | May 25, 2018

GOLD

The price of gold has been declining during Asian trade. After yesterday’s growth caused by the cancellation of a meeting with the North Korean leader, by US President Donald Tramp, gold lost some of its profits. The US dollar strengthened against all major currencies, which affected the mild decline in the price of gold. At around 8:35 am, the price of gold is around $ 1302 for a fine ounce. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

GOLD by SGT Markets Forex Broker and CFD | May 25, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | May 25, 2018

OIL

During Asian trade, the price of crude oil has further deteriorated. Yesterday, the Russian Energy Minister said that the restrictions on crude oil production should be slowly completed if at the June 22 meeting it is revealed that the market has found a balance between supply and demand. At 7:00 pm, Baker Hughes’s weekly data on the number of oil wells in the United States will be published. About 8:40 am, crude oil is traded for around $ 70.50 per barrel, which has dropped by 0.3% this morning.

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