FX Analysis by SGT Markets

#OIL
The price of crude oil weakened during Asian trade. The price of this fuel was weakened as a reaction to the closing of profitable positions that investors had achieved in previous trading sessions. In spite of this, the price of this fuel currently stays above $ 51 a barrel, in response to the possible introduction of sanctions against Iran, and the takeover of the city of Kirkuk by the Iraqi army, which the Kurdish minority that makes up the majority opinion in that part of Iraq has characterized as a war announcement. At 22:30 tonight, the US Petroleum Institute will publish a report on crude oil stocks, which can be further reflected in the price of this fuel. During Asian trade, the price of crude oil declined by 0.19%.

https://sgtmarkets.com/en/resources/market-news/

#EUR/USD

During the Asian trading, the euro has recovered part of the losses since last night. Tomorrow, the (ultimately) second ultimatum left by the central government in Madrid to the leaders of the Catalan Independent - to determine whether they are heading for independence or not. The dollar is backed by speculation about successor Janet Jelen at the helm of the Fed, as intensive consultations are held on who is the right person for that post. At around 08:35 hours, the euro is exchanged for $ 1.1764, which at the beginning of the European session shows a gain of 0.02%. At 10:10 o’clock, expects the speeches by the President of the ECB, Maria Dragi. At 2:00 pm, two members of the Fed, Williams and Dudley committees will speak, and half an hour later, at 2:30 pm, it is expected that the latest number of issued building permits and the construction of new (US) new construction will be announced.

#GBP/USD

During Asian trading, the weakness of the pound against the dollar is recorded. At around 8:35 am, this currency pair is at $ 1,3172 per pound, which means a gain of 0.14%. At 10:30, data from the UK labor market are expected (wage growth, the number of newly employed and the official unemployment rate). At 2:00 pm, two members of the Fed, Williams and Dudley committees will speak, and half an hour later, at 2:30 pm, it is expected that the latest number of issued building permits and the construction of new (US) new construction will be announced.

#USD/JPY

During the Asian trade, the Japanese yen weakened slightly against the dollar. The public in Japan still estimates who could come out as the winner of Sunday’s election, or what mathematics of the majority in parliament can be compiled. At around 8:35 am, this currency pair is traded at 112.34 yen per dollar, which at the beginning of the European session jen seems weaker against the dollar by 0.12%. At 2:00 pm, two members of the Fed, Williams and Dudley committees will speak, and half an hour later, at 2:30 pm, it is expected that the latest number of issued building permits and the construction of new (US) new construction will be announced.

https://sgtmarkets.com/en/resources/market-news/

#OIL
The price of crude oil rose during Asian trade and recovered from late yesterday afternoon when it was announced that the Mexican forecast (important for the overall forecasts of oil traders) that in 2018 the price of oil would be slightly above $ 46 a barrel. At the end of the Asian session, crude oil is traded about $ 52.02 per barrel, which is a growth of 0.27%.

https://sgtmarkets.com/en/market-news/crude-oil-20171018/

#GOLD
The price of gold has been declining slightly during the Asian trade and after the upward trend in the first part of the session, when the merchant’s calculation was that the donation season in India would be very favorable for the price of precious metals. During Asian trading, the price of gold fell by 0.03%.

https://sgtmarkets.com/en/market-news/gold-analysis-20171017/

#EUR/USD

During the night, Euro has recovered part of the losses since last night. Today (the second) ultimatum left by the central government in Madrid to the leaders of the Catalan Independent - to determine if they go in the direction of independence or not. This morning, the euro is exchanged for $ 1,1799, which at the beginning of the European session shows a strengthening of the euro by 0.12%. Today there are no economic news and announcements from the euro zone. At 14:30 pm, the latest number of recruits on the weekly level is expected to be released, as well as a set of indicators from the Philadelphia federal Fed, of which the index of the manufacturing index is of importance.

#GBP/USD

During the night, there is a slight increase in dollar against the pound. This morning, this currency pair is at a pound sterling of $ 1.3199, which marks a 0.02% increase in dollar. At 10:30 AM, UK retail data is expected. At 14:30 pm, the latest number of recruits on the weekly level is expected to be released, as well as a set of indicators from the Philadelphia federal Fed, of which the index of the manufacturing index is of importance.

#USD/JPY

During the night, the Japanese yen weakened relative to the dollar. Poor data on the (lower) liquidity surplus of current transactions and the public’s focus in Japan on weekends in the week of weak yen, which is a desirable scenario for the Japanese economy. This morning, this currency pair is traded at 113.06 yen for one dollar, which at the beginning of the European session makes it weaker than the dollar by 0.11%. At 14:30 pm, the latest number of recruits on the weekly level is expected to be released, as well as a set of indicators from the Philadelphia federal Fed, of which the index of the manufacturing index is of importance.

#Dax30
Dax30 grew 0.37% in the middle, closing at 13043 points. The winner of the day was the Prozibensat media company whose share increased 1.74%.

#EUR/USD

Euro has weakened against the US dollar during Asian trading. Bearing in mind that today’s announcement of important economic information is not scheduled, the currency exchange rate was influenced positevly by the speech of European Central Bank official Piter Praet, which was held at 09:00. During Asian trading, the euro declined compared to the US dollar by 0.12%.

#GBP/USD

The British pound has strengthened against the US dollar during Asian trading. Today, at 12:00 o’clock in the United Kingdom, information on trends in industrial orders will be published, which may be reflected in the currency exchange rate. During European trading, the British pound has strengthened against the US dollar by 0.24%.

#USD/JPY

The US dollar strengthened against the Japanese yen during Asian trading. The succinct two-thirds victory of Japanese Prime Minister Silvan Abe in Japan’s pre-election, marks the continuation of the so-called " “Abenomics” economic policy, which relies on ultra-easy monetary policy and a massive program of quantitative yields, which has affected the weakening of the Japanese yen. During Asian trading, the dollar appreciated against the Japanese yen by 0.11%.

#DAX30
Dax30 rose by 0.01% on Friday. The largest growth was recorded by stocks from the base raw materials industry, construction, transportation and logistics. Out of the winner, Linde AG O.N (+ 3.23%) and Siemens AG (-1.28%) losers. The volatility index of the German index, which, in view of market trading, shows the investor’s sentiment in terms of expected volatility in the future, dropped to 12.16 points, down 0.65%.

#OIL
Crude oil prices were strengthened during Asian trading. The crisis in the Middle East still affects the rise of crude oil prices. Also on Friday, Baker Hughes reported a drop in the number of new oil wells for seven so that the total number of oil wells in the United States is now 736. During Asian trading, crude oil prices strengthened by 0.46%

#GOLD
Gold prices have deteriorated during Asian trading. The price of safe investment is in decline mainly due to the strengthening of the dollar. During today’s trading, the price of this noble metal can be influenced by the indicators of the technical analysis. During Asian trading, the price of gold declined by 0.19%.

#EUR/USD

During the night, the euro strengthened against the dollar. EUR notes a slight upward trend in recent days with significant withdrawals, the day before the ECB Monetary Committee meeting. This morning, the euro is exchanging for $ 1,1757, which at the beginning of the European session shows the strengthening of the euro by 0.03%. At 14:30 pm, data on consumer durable goods orders in the US for September is expected as a predictable indicator of economic activity.

#GBP/USD

During the night, there is a weakening of the dollar relative to the pound. This morning, this currency pair is at a pound of $ 1.3129, which means a pound increase of 0.03%. At 14:30 pm, data on consumer durable goods orders in the US for September is expected as a predictable indicator of economic activity.

#USD/JPY

During the night, the Japanese yen appreciated slightly against the dollar. However, he confirmed his earlier losses after the weekly elections in Japan. This morning, this currency pair is traded at a rate of 113.83 yen for one dollar, which at the beginning of the European session is stronger by 0.05%. At 14:30 pm, data on consumer durable goods orders in the US for September is expected as a predictable indicator of economic activity.

#GOLD

Gold prices fell during the night as the dollar strengthened at the end of the US session. During Asian trading, the price of gold fell by 0.24%.

#OIL

Crude oil prices are supported by clothing that Saudi Arabia is being called on to continue fighting for the removal of surplus oil on the market. The API’s report showed a rise in crude oil stocks by around half a million barrels, as well as a significant drop in gasoline stock. At the end of the Asian session, crude oil is traded for around $ 52.29 per barrel, representing a drop of 0.16%.

#DAX30

Dax30 increased by 0.3% on Tuesday, closing at 13013 points. The winner of the day was Dojče banka whose share increased 2.99%.

#EUR/USD

During the night, the euro strengthened against the dollar. Today is the meeting of the Monetary Committee of the ECB. This morning, the euro is exchanged for $ 1.1819, which at the beginning of the European session shows a strengthening of the euro by 0.1%. At 14:30, Mario Draghi is expected to address the public. At 16:00, the real estate market information on the sale of (capped) houses will be published.

#GBP/USD

During the night, a mild weakening of the pound against the dollar was recorded. This morning, this currency pair is at $ 1,3249 per pound, which means a gain of 0.04%. There are no economic news from the UK today. At 14:30 , data on the US trade balance, as well as data on newly employed persons are expected, and at 16:00 pm and real estate data on sale (capped) houses.

#USD/JPY

During the night, the Japanese yen strengthened against the dollar, it would be mild after a period of strong strengthening of the dollar against the Japanese currency. This morning, this currency pair is traded at 113.55 yen per dollar, which at the beginning of the European session makes the yen stronger against the dollar by 0.16%. At 14:30, data on the US trade balance, as well as data on newly employed persons are expected, and at 16:00 pm and real estate data on sale (capped) houses.

https://sgtmarkets.com/en/resources/market-news/

#EUR/USD

During the Asian trading, the euro has retained earnings since yesterday. This morning , the euro is exchanged for $ 1.1628, which at the beginning of the European session shows a gain of 0.1%. At 11:00, preliminary data on the growth of inflation and GDP in the euro zone for the third quarter are expected. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

#GBP/USD
During the Asian trading, the pound retained strong gains since yesterday against the dollar. Otherwise, the pound is in the stage of strengthening, and before the meeting of the Bank of England on Thursday, which is expected to increase the reference rate. This morning, this currency pair is at $ 1,3198 per pound, which means a pound increase of 0,01%. There are no major economic news and announcements from the UK today. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

#USD/JPY
During Asian trading, the Japanese yen is in a strengthening phase against the dollar. The Bank of Japan has decided to withhold the existing negative interest rate. This morning, this currency pair is traded at 113.11 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.06%. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

#GOLD
The price of gold has fallen during Asian trade, as the dollar is in the mild stage, and traders continue to evaluate the effects of the sale of (physical) gold at the height of the season when the demand is high. During Asian trading, gold prices fell by 0.04%.

#OIL
The price of crude oil receded during Asian trade due to news of a slightly stronger growth in US production. Before the end of the Asian session, crude oil is traded about $ 53.98 per barrel, which gives a drop of around 0.31%.

#DAX30
Dax30 rose 0.09% on Monday, closing at 13230 points. The winner of the day was Volkswagen-based company whose share rose 2.57%, and Linde loser (-1.9%). Today is a non-working holiday (reformation) in Germany.

#EUR/USD
During the Asian trading, the euro strengthened against the dollar. Yesterday’s Fed’s decision on the interest rate was expected (it remained at the current level), but it was confirmed that the third increase this year will occur in December, which is nothing new for (already) embedded expectations in the exchange rate of this currency pair. At around 08:30, the euro is exchanged for $ 1.1659, which at the beginning of the European session shows the strengthening of the euro by 0.34%. At 9:55 am, an indicator of the (sentiment) of economic activity in Germany and the unemployment rate will be published. At 13:30, the US labor market information (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

#GBP/USD
During the Asian trading, the pound retained big winnings from Monday. At around 08:30, this currency pair is at $ 1.3274 for one pound, which means a pound increase of 0.22%. At 10:30, the sentiment indicator on economic activity in the UK construction sector will be published for October. Today is the meeting of the Bank of England, which is expected to make a decision to increase the interest rate, the first time since the beginning of the global financial crisis ten years ago. The inflation report for the British economy will be announced at 1:00 pm, and half a time later, Mark Carney, the Governor of the Bank of England, is expected to address. On the other hand, at 1:30 pm, the US labor market information (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

#USD/JPY
During the Asian trade, the Japanese yen strengthened against the dollar. Yesterday’s Federal Reserve’s decision on the interest rate was expected (it remained at the current level). At around 8:35 am, this currency pair is traded at 113.98 yen per dollar, which at the beginning of the European session makes the yen stronger against the dollar by 0.17%. At 13:30, the US labor market data (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

#GOLD
The gold price stagnated during Asian trade, although in the first part of the session it was in an upward trend. Yesterday’s Fed decision on the interest rate was expected (it remained at the current level), but the conviction was confirmed that the third increase this year will occur in December. During Asian trading, the price of gold rose by 0.01%.

#OIL
Crude oil prices stagnated mainly during Asian trade. Yesterday there was a decline in inventories in the United States, but the news about the growth of production, which had a zero effect on the price of oil, was also recorded. At the end of the Asian session, crude oil is traded about $ 54.31 per barrel, which gives an increase of about 0.02%.

#DAX30
Dax30 rose strongly on Wednesday (+ 1.78%), closing at 13466 points. The winner of the day was Infineon, whose share rose 4.17%, and the Probibensat media loser (-2.59%). At 9:55 am, an indicator of the (sentiment) of economic activity in Germany and the unemployment rate will be published.

#EUR/USD
During the Asian trade, the dollar strengthened against the euro. This morning, the euro is exchanged for $ 1.1594, which at the beginning of the European session shows a gain of 0.14%. Industrial production in Germany dropped more than expected (-1.6%, and a fall of 0.8% was expected). At 4:00 pm, the data on newly-appointed jobs in the United States will be published as a predictive indicator from the US labor market.

#GBP/USD
During the Asian trade, the dollar made up huge losses from yesterday against the British pound. This morning, this currency pair is at $ 1.3145 per pound, which means a gain of 0.2%. At 4:00 pm, the data on newly-appointed jobs in the United States will be published as a predictive indicator from the US labor market.

#USD/JPY
During the Asian trade, the dollar strengthened against the yen and more than compensated for the losses since late last night when the negative sentiment of the dollar brought news that Fed New York branch chief William Dudley will soon retire as he retire. This morning, this currency pair is traded at the level of 114.16 yen per dollar, which at the beginning of the European session jen makes the weaker against the dollar by 0.4%. At 4:00 pm, the data on newly-appointed jobs in the United States will be published as a predictive indicator from the US labor market.

#GOLD
The price of gold has been declining during the Asian trade as the dollar is strengthening. During Asian trading, gold prices fell by 0.22%.

#OIL
The price of crude oil slipped slightly during Asian trade. On Friday, there was a decline in the number of oil wells in the US and turmoil in Saudi Arabia did not have a negative impact on oil prices, as the country’s major energy export policy is not expected to change. At the end of the Asian session, crude oil is traded about $ 57.30 per barrel, which gives a drop of about 0.09%.

#DAX30
Dax30 fell on Monday (-0.07%), closing at 13469 points. The loser of the day was the company Prozibensat Media whose share fell 2.86%. Industrial production in Germany dropped more than expected (-1.6%, and a fall of 0.8% was expected).

https://sgtmarkets.com/en/resources/market-news/

#EUR/USD
The euro strengthened slightly against the US dollar during relatively peaceful Asian trade. For today, the announcement of significant economic information from the Eurozone and the US has not been announced, so the exchange rate of this currency pair remains under the influence of the Asian tour of US President Donald Tramp. During the Asian trading, the euro slightly rose against the US dollar by 0.02%

#GBP / USD
The British pound weakened against the US dollar during Asian trading. For today, the announcement of significant economic information from the UK and the US has not been announced, so the exchange rate of this currency pair remains under the influence of the Asian tour of US President Donald Tramp. During the Asian trade, the British pound weakened against the US dollar by 0.14%.

#USD / JPY
The US dollar weakened against the Japanese yen during European trading. In his address to the South Korean parliament, US President Donald Tramp warned North Korea that he could “falsely recalculate” if he continues with the current policy. As a reaction, the price of safe investments has risen. During the Asian trade, the US dollar weakened against the yen by 0.14%.

#GOLD
Gold prices strengthened during Asian trade. Due to the fall in the US currency and the sharp rhetoric of US President Donald Tramp in front of the South Korean parliament, the price of safe investments has risen. During Asian trading, gold prices rose by 0.16%.

#OIL
The price of crude oil declined during Asian trade. The current weakening of this fuel is caused by the decline in the import of crude oil in China. Despite this, OPEC’s efforts to reduce the production of crude oil continue to support the rise in crude oil prices. During the Asian trade, the price of crude oil declined by 0.58%.

#DAX30
Dax30 weakened by 0.66% on Tuesday. The largest growth was recorded in the shares of the retail, technology and food sector. From the winners, RWE AG O.N (+ 1.33%) and the losers of BMW AG (-2.83%) were singled out. The index of volatility on the German index, which shows the sentiment (fear) of the investor regarding the expected volatility in the future period, rose to 12.54 points, ie it recorded a growth of 4.49%.

#EUR/USD
During the night, the euro strengthened against the dollar. This morning, the euro is exchanging for $ 1.1609, which at the beginning of the European session shows a strengthening of the euro by 0.14%. This morning, data showed Germany’s higher trade surplus in foreign exchange. At 2:30 pm, regular data from the US labor market will be published (on newly created jobs in the United States in the last week).

#GBP / USD
During the night, the dollar weakened against the British pound. This morning, this currency pair is at $ 1,3139 per pound, which means the weakening of the dollar by 0,22%. At 14:30, a regular US labor market data (on newly opened jobs in the United States in the last week) will be published, and half an hour ahead of that, a forecast of GDP growth in the UK, published by the local economic institute.

#USD / JPY
During the night, yen strengthened against the dollar, although the balance of current transactions was worse than expected. the night, this currency pair is traded at 113.59 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.23%. At 2:30 pm, regular data from the US labor market will be published (on newly created jobs in the United States in the last week).

#GOLD
Gold prices are on the rise during the night, as the dollar is weakening and so gold prices rose by 0.11%.

#OIL
Crude oil prices rose during the night and made up for some of the losses since yesterday when data on crude oil stocks rose in the US. Early this morning, crude oil is traded about $ 56.79 per barrel, which drops about 0.13%.

#DAX30
Dax30 rose slightly on Wednesday (+ 0.02%), closing at 13382 points. The loser of the day was Heidelberg cement company whose share fell 6.59%. This morning, data showed Germany’s higher trade surplus in foreign exchange (21.8 billion euros, and expected 21.1).

#EUR/USD
During the Asian trade, the euro weakened against the dollar. At 8:40 am, the euro is exchanging for $ 1.1637, which at the beginning of the European session shows a gain of 0.04%. There are no economic news from the EU today. At 16:00 hours, a set of pointers of the Michigan University sentiment from the United States is expected.

#GBP / USD
During the Asian trading, the dollar strengthened against the British pound. At around 08:30, this currency pair is at a level of $ 1.3123 per pound, which means a gain of 0.17%. At 10:30, production data in the manufacturing sector and UK trade balance data will be published. At 16:00 hours, a set of pointers of the Michigan University sentiment from the United States is expected.

#USD / JPY
During Asian trading, yen weakened against the dollar. At around 8:40 am, this currency pair is traded at 113.55 yen per dollar, which at the beginning of the European session yen seems weaker than the dollar by 0.07%. At 16:00, a set of sentiment indicators from the Michigan University from the USA is expected

#GOLD
The price of gold has been declining during Asian trade. During Asian trading, gold prices fell by 0.25%.

#OIL
The price of crude oil declined during Asian trade, but strengthened at a newly-introduced high level. Tonight at 7:00 pm, data on the number of newly opened oil wells in the United States is expected. Before the end of the Asian session, crude oil is traded about $ 57.02 per barrel, which gives a drop of around 0.26%.

#DAX30
Dax30 slipped slightly on Thursday (-1.49%) to 13183 points. The loser of the day was Adidas, whose share fell 4.67%.

#EUR/USD
During the night, the euro weakened against the dollar as yields on US bonds rose. This morning, the euro is exchanged for $ 1.1637, which at the beginning of the European session shows a gain of 0.13%. Today, there are no economic news and announcements from the EU, and in the United States, the public’s focus is still on the final look of the tax reform solution and from when it will apply.

#GBP/USD
During the night, the dollar strengthened against the British pound, as turbulence in the UK over the legitimacy of the government of Theresa May pushed the pound. This morning, this currency pair is at $ 1.3129 per pound, which means the dollar gain of 0.65%. Today there are no economic news and announcements from UK and USA.

#USD/JPY
During the night, yen strengthened against the dollar. This morning, this currency pair is traded at 113.39 yen per dollar, which at the beginning of the European session the Japanese yen seems weaker against the dollar by 0.12%. Today there are no economic news and announcements from the United States, but at 18:45 GMT+1 time the BoJ Governor Kuroda will held a speech, which may indicate some future changes on the monetary policy of Japan.

#GOLD
Gold prices are on the rise during Asian trade. During Asian trading, the price of gold rose by 0.19%.

#OIL
During the night, the price of crude oil generally remained at the level it ended in the previous week. It has been reported that a strong earthquake in Iraq has caused minor concerns in terms of supplies from that Arab state. The number of newly opened oil wells in the US has increased by nine units, a Baker Hughes regular report showed Friday. At the end of the Asian session, crude oil is traded about $ 56.77 per barrel, which gives an increase of about 0.10%.

#DAX30
Dax30 fell on Friday (-0.42%) closing at 13127 points. The winner was Deutsche Bank (+ 3.14%) and Adidas (+ 3.13%).

#EUR/USD
During the Asian trade, the euro strengthened against. At around 8:20 pm, the euro is exchanged for $ 1.1809, which at the beginning of the European session shows a strengthening of the euro by 0.1%. At 11:00 am, the trade balance of the euro zone will be published. At 2:30 pm, baseline inflation and retail data from the United States are expected, and at 16:00 hours the stock of the business world stock is expected.

#GBP/USD
During the Asian trading, the pound strengthened against the US currency. At around 08:30, this currency pair is at $ 1,3182 per pound, which means a gain of 0.11%. At 10:30, data from the UK labor market are expected. At 2:30 pm, baseline inflation and retail data from the United States are expected, and at 16:00 hours the stock of the business world stock is expected.

#USD/JPY
During Asian trading, yen strengthened against the dollar. At around 8:40 am, this currency pair is traded at 112.98 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.41%. At 2:30 pm, baseline inflation and retail data from the United States are expected, and at 16:00 hours the stock of the business world stock is expected.

#GOLD
The price of gold slipped during Asian trading. During Asian trading, the price of gold fell by 0.4%.

#OIL
During the Asian trade, the price of crude oil declined sharply, as yesterday’s report of the International Energy Agency showed reservations regarding the balance of world supply and demand for this energy product. Also, the US Petroleum Institute announced last night that a strong stock growth of more than 6 million barrels has been recorded and a drop was expected. At 16:30, regular official data on the stock of crude oil and petroleum products from the United States are expected. At the end of the Asian session, crude oil is traded about $ 55.05 per barrel, which gives a drop of about 1.17%.

#DAX30
Dax30 dropped on Tuesday (-0.31%), closing at 13033 points. The day’s winner was Infineon (+ 2.66%) and Adidas (+ 1.93%).