Market Overview 2017.11.30

EUR/USD

During the night, the euro strengthened against the dollar. There has been some progress with regard to the adoption of tax reform since President Tramp has, in general terms, a meeting with Republican representatives in the Congress. This morning, the euro is exchanged for $ 1.1849, which at the beginning of the European session shows a strengthening of the euro by 0.15%. Today, there are no significant economic news and announcements from the euro zone, and only at 11:00 hours a set of sentiment indicators from the euro zone can be distinguished. At 2:30 pm, data on GDP growth in the United States is expected, and at 4:00 pm, Janet Yellen will do a speech.

GBP/USD

During the night, the dollar weakened against the British pound. This morning, this currency pair is at $ 1,3384 per pound, which means a pound increase of 0,35%. At 10:30, a set of UK data on the dynamics of banking activity is expected. At 2:30 pm, data on GDP growth in the United States is expected, and at 4:00 pm, Janet Yellen will do a speech.

USD/JPY

During the night, yen slightly strengthened against the dollar. This morning, this currency pair is traded at the level of 111.43 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.03%. At 2:30 pm, data on GDP growth in the United States is expected, and at 4:00 pm, Janet Yellen will do a speech.

GOLD

Gold prices rose slightly during Asian trade, as North Korea performed a ballistic rehearsal. During Asian trading, gold prices rose by 0.05%.

OIL

During the night, the price of crude oil declined. It has been announced that Russia has some different views regarding the continuation of the agreement on reducing production, and oil stocks in the US have grown according to the API. Before the end of the Asian session, crude oil is traded about $ 57.74 per barrel, which gives a drop of about 0.43%.