Daily Economic Digest from Forex.ee
Daily Digest of economic Forex.ee
Keep an eye on major economic news with us
Thursday, March 23
Couple EUR/ USD He could not keep his position and recovered
It was again in the area overnight lows in early European trade,
marked at the level of 1.0782, amid growing investor interest in more risky
assets. Nevertheless, a further drop in the pair seems unlikely, since the
caution among investors starts to gain momentum in the run-up to voting
to reform the US health care programs, thereby supporting euro. If
the bill will not be approved by Congress, it could raise doubts
relatively D.Trampa ability to fulfill its promises, that will be a major
the driver of the market in the medium term. On the other hand, if Obamacare not survive the vote, it will cause to reflect
investors about the future prospects of tax reform, thus causing
widespread exodus from the market risk. In addition, news that E.Makron
It widens the gap in the presidential race in France, ahead of M.Le Pins
It continues to have a positive impact on the euro. Looking ahead, today the data from the real estate market
The United States and several interventions by the Federal Reserve will be able to draw the attention
traders later in the CA session.
Couple NZD / USD I was able to recover from the sharp
decline noted during the Asian trading session after the RBNZ decision on
interest rate, against a background of recovery of investors' interest in relation to
riskier assets. Today, the New Zealander came under pressure from the
bears, updating its nightly lows at around 0.7025, after the Central Bank
New Zealand left its benchmark interest rate unchanged, while noting
a statement accompanying the decision, that the Bank's policy will remain
more accommodative for a considerable period of time. Nevertheless, the pair
He was able to rebound from their lows overnight on improved sentiment around
more profitable instruments, which led to the growth of the pair. Further, investors today
will remain cautious in view of the upcoming vote to repeal Obamacare, which is the main event of this
Thursday, especially taking into account the uncertainty surrounding D.Trampa policy.
Couple GBP / USD It traded in a southerly direction to
the beginning of the European session, retreating from their recent highs posted
at the level of 1.2514, mostly staying under the influence of predisposition
traders risk appetite. Today during the Asian trading the pair hit the
Field of view of buyers on the back of improved sentiment regarding more
risky assets by updating their monthly highs. However, this trend quickly
disappeared, as caution among traders starting to gain momentum in connection with the
the upcoming vote in the US House of Representatives on the bill on
Health proposed D.Trampom, which can lead to
widespread risk aversion and thus have a negative impact on the pound. More
, the pair remains under pressure in recent years as the market continues to
discuss the recent headlines about the terrorist attacks in the UK, which also
negative impact on the GBP. In addition to voting on the bill Trump on health care today
It will also present reports on retail sales in the UK and
Sales of new homes in the United States that will provide investors with additional short-term
trading opportunities.
Couple USD / JPY loses its restored
position, looking closely at the key support level of 111.00. Yesterday the pair has updated
their 4-month low of 110.73 against the backdrop of widespread weakness
dollar. However, the surge of interest of traders to more risky assets, marked
during the Asian session the pair made to retreat from its recent lows. the
at least a pair is currently traded in the south direction, as caution
among investors is gaining momentum in the run-up to the vote on the bill on
Healthcare US president Donald Trump, that would trigger a wave
risk aversion, thereby providing additional support to the yen as the
safe-haven.
Main events
of the day:
The volume of retail sales in the UK - 11.30 (GMT +2)
Speech by Fed Chairman Dzh.Yellen - 14.45 (GMT +2)
New home sales in the US - 16.00 (GMT +2)
levels
Support and resistance for the major currency pairs:
EURUSD P.
1.0750 C 1.0848
USDJPY P.
110.17 112.27 C.
GBPUSD P.
1.2387 C 1.2553
USDCHF P.
0.9848 C 0.9978
AUDUSD 0.7618 P.
S. 0.7718
NZDUSD P.
0.6988 C 0.7100
USDCAD P.
1.3262 C 1.3442
The best conditions for the start at the STP only Forex.ee! Sign up account is now
and feel the difference with the first deal!
your Europe ECN-broker,
Forex.ee
Related posts
Daily Economic Digest from Forex
Daily Economic Digest from Forex.ee Daily Digest of economic Forex . ee Keep an eye on major economic news with us Thursday, August 31 Couple EUR / USD...
Daily Economic Digest from Forex
Daily Economic Digest from Forex.ee Daily Digest of economic Forex . ee Keep an eye on major economic news with us Monday, May 15 Today the pair EUR /...
Forex ee Economic Daily Digest
Forex.ee: Economic Daily Digest Daily Digest of economic Forex . ee Keep an eye on major economic news with us Thursday, May 26 EUR / USD to restore some...
Next posts
- Fxwirepro Gbpusd has encountered
- Forecast from company ForexMart
- Daily Economic Digest from Forex