Trading news

DAILY REPORT 18 – NOVEMBER – 2015

EUR/USD

The euro fell against the US dollar as the pressure mounts ahead of the ECB’s last meeting for this year in December. The European Central Bank had previously indicated during its last meeting that there is a possibility for further cuts in deposit interest rates.

European Economic Data
Time GMT Event Vol Forecast Previous
10:00 Construction Output (Sep)   -0.2%
American Economic Data
Time GMT Event Vol Forecast Previous
19:00 FOMC Minutes    


GBP/USD

The pound traded higher against the US dollar after the release of the CPI, which showed a growth of 0.1% compatible with expectations.

British Economic Data
Time GMT Event Vol Forecast Previous
  No Economic Data      

 

 

 

 

 

USD/JPY

The US dollar rose against the Japanese yen to trade near its highest level in three months, ahead of Bank of Japan’s meeting, which may announce an increase in the stimulus program in Japan.

Japanese Economic Data
Time GMT Event Vol Forecast Previous
23:30 Exports (Yearly)   -2.1% 0.6%
23:30 Imports (Yearly) -8.6% -11.1%

 

 

 

 

 

 

 

AUD/USD

Australian dollar was up against the US dollar after the release of positive data from the Australian side, where the Leading Index and Westpac Index both registered an increase.

Australian Economic Data
Time GMT Event Vol Forecast Previous
00:30 Wage Price Index ( Q3)   0.6% 0.6%

 

 

 

 

 

 

GOLD

Gold prices continued to decline again during yesterday’s trading sessions, after a failed attempt to rise,with the continuous strengthening of the dollar and the increasing expectations of a Fed rate hike before the end of this year.

OIL

Oil prices fell in spite of the report of the American Petroleum Institute, which pointed to a decline in US inventories of 482 thousand barrels of crude oil, the first decline in several weeks. However, markets did not react positively to this report, as investors await the EIA report, which has the highest impact on the markets.

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Wednesday, 18 Nov, 2015 / 10:05

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