Trading news

Expert's opinion from FXFinPro

Orders for durable goods rose by 0.8% in the US

Today was published statistics on orders for durable goods in the US, which grew in March by only 0.8%, which was significantly worse than the forecast of 1.9%. In February this index fell by 3.0%. The volume of orders for durable goods excluding transportation component fell by 0.2% compared with the expected growth of 0.6%. The deterioration of macroeconomic data in the US may lead to a dovish rhetoric during tomorrow's Fed statement. On the other hand, the expected inflation rate and the positive trend in the US labor market will stimulate the earlier rise in interest rates. We forecast a drop in euro prices in the medium term with targets at 1.0985 and 1.0850 and expect increased volatility in the coming days.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

Tuesday, 26 Apr, 2016 / 1:14

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Aussie jobs data disappoint

Thursday's Australian labour force data delivered another blow for the RBA [...]

Posted on Friday, 14 Jun, 2019 / 2:16 under

AETOS Market Commentary 14/06/2019

AETOS Market Commentary  14/06/2019 EURUSD The euro closed lower on [...]

Posted on Friday, 14 Jun, 2019 / 8:23 under

Oil Gains on Tanker Attacks, Investors Await US Retail Sales

Oil prices rose yesterday following attacks on two oil tankers in the Gulf of [...]

Posted on Friday, 14 Jun, 2019 / 7:24 under