Market Overview 2018.07.19

19-07-2018 11:22:46
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EUR/USD

During the Asian trading, the euro further weakened against the dollar. Comments by Jerome Pauel, the Fed’s president, have been in favor of the US dollar since yesterday and yesterday. At around 08:45 hours, the euro is exchanged for $ 1.1623, which at the beginning of the European session shows a weakening of the euro by 0.14%. Today there are no major economic news and announcements from the euro zone. At 2:30 pm, an indicator of the dynamics of activity in the manufacturing industry of the US part, which is “covered” by the Philadelphia branch of the Federal Reserve of the United States, is expected.

EUR/USD by SGT Markets Forex Broker and CFD | July 19, 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | July 19, 2018

GBP/USD

During the Asian trade, the British pound weakened against the US dollar. The debate in the British parliament yesterday, when the foreign minister, Boris Johnson, explained his resignation, reminded market participants of deep disagreements within the ruling establishment, and the time to reach an agreement with the EU. At around 08:45, this currency pair is at $ 1.3045 per pound, which means the weakening of the pound by 0.18%. At 10:30, a retail data set is expected in the UK. At 2:30 pm, an indicator of the dynamics of activity in the manufacturing industry of the US part, which is “covered” by the Philadelphia branch of the Federal Reserve of the United States, is expected.

GBP/USD by SGT Markets Forex Broker and CFD | July 19, 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | July 19, 2018

USD/JPY

The US dollar strengthened against the Japanese yen during Asian trade. Jerome Pauel addressing the US Congress left investors believing that the Federal Reserve is leaning forward to another two increases in the interest rate this year. At around 08:45 hours, the US dollar is exchanged for 112.83 Japanese yen, which represents a yen appreciation of 0.01%. At 2:30 pm, an indicator of the dynamics of activity in the manufacturing industry of the US part, which is “covered” by the Philadelphia branch of the Federal Reserve of the United States, is expected.

USD/JPY by SGT Markets Forex Broker and CFD | July 19, 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | July 19, 2018

GOLD

The price of gold is in a mild decline in Asian trading. The second part of the speech by Jerome Pauel before the US Congress yesterday confirmed that the Federal Reserve is leaning forward to another two increases in the interest rate this year. At around 08:45, the price of gold is around $ 1223 for a fine ounce. At 2:30 pm, an indicator of the dynamics of activity in the manufacturing industry of the US part, which is “covered” by the Philadelphia branch of the Federal Reserve of the United States, is expected.

GOLD by SGT Markets Forex Broker and CFD | July 19, 2018 GOLD indicators by SGT Markets Forex Broker and CFD | July 19, 2018

OIL

During Asian trade, the price of crude oil declined. Official data released yesterday afternoon showed an (unexpectedly) increase in crude oil stocks in the United States by about 5.84 million barrels and a 3.6 million barrel expected. At around 08:45 hours, crude oil is traded about $ 67.58 per barrel, which has been falling from 0.25% since the beginning of trading today. At 19:00 hours, official data on the stock of crude oil and petroleum products in the US are expected.

OIL by SGT Markets Forex Broker and CFD | July 19, 2018 OIL indicators by SGT Markets Forex Broker and CFD | July 19, 2018