EUR/USD

The euro strengthened against the US dollar during the Asian trade. At 11:00 in the Eurozone, data on industrial production will be published, while tonight at 20:00 in the US Federal Reserve should decide on the interest rate. Also, this institution will publish economic projections and will hold a press conference, which can be reflected in the exchange rate of this currency pair. During the Asian trade, the euro strengthened against the US dollar by 0.14%.

GBP/USD

The British pound strengthened against the US dollar during Asian trading. At 10:30 in the UK, the data from the labor market will be published, while at 20:00 in the US this evening, the Federal Reserve should decide on the amount of the interest rate. Also, this institution will publish economic projections and will hold a press conference, which can be reflected in the exchange rate of this currency pair. During the Asian trade, the British pound strengthened against the US dollar by 0.11%.

USD/JPY

The US dollar weakened against the Japanese yen during Asian trading. Tonight at 20:00 in the US, the Federal Reserve should make a decision on the amount of the interest rate. Also, this institution will publish economic projections and will hold a press conference, which can be reflected in the exchange rate of this currency pair. During the Asian trading, the dollar weakened against the Japanese yen by 0.19%.

GOLD

Gold prices strengthened during Asian trade. The price of this precious metal has been slightly strengthened in anticipation of the Federal Reserve’s decision on the interest rate in the US that will be made tonight at 20:00. Also, this institution will publish economic projections and will hold a press conference, which can be reflected in the cost of this secure investment. During Asian trading, the price of gold increased by 0.35%.

OIL

During Asian trade, the price of crude oil has strengthened. A report from the US Petroleum Institute showed a sharp decline in crude oil prices than originally expected, which affected the growth of the price of this fuel. Today, a monthly bulletin of OPEC will be published, while at 16:30, the stock report of this energy company will be announced by the US Government, which can be further reflected in the price of crude oil. During the Asian trade, the price of crude oil increased by 0.67%.

DAX30

Dax30 gained 0.02% on Tuesday. The largest growth was recorded in the services sector, software and pharmaceuticals. Of the winners, RWE (+ 2.52%) were singled out and Lufthansa losers (-0.97%). The index of volatility on the German index, which shows the sentiment (fear) of the investor regarding the expected volatility in the future period, fell to 13.18 points, ie a decrease of 5.02%.