#EUR/USD
During the Asian trading, the euro strengthened strongly against the dollar from yesterday afternoon. Yesterday, the Federal Reserve was expected to raise its rate by a quarter percentage. The Fed has disappointed investors, as forecasts for the rate increase in 2018 and 2019 remained at three (possible) magnitudes. At around 08:30, the euro is exchanged for $ 1.1825, which at the beginning of the European session shows a symbolic increase in the dollar by 0.01%. At 09:30, it is expected a regular, but preliminary, indicator of activity in the manufacturing sector in Germany for December. At 14:30 hours, a retail data set for the US for November is expected, as well as a regular weekly report from the labor market.
#GBP/USD
During Asian trading, the dollar weakened against the British pound. The Fed has disappointed investors, as forecasts for the rate increase in 2018 and 2019 remained at three (possible) magnitudes. At around 08:30, this currency pair is at $ 1,3429 per pound, which means a pound increase of 0.09%. At 10:30, a regular monthly retail report is expected in the UK. At 2:30 pm, a retail data set for the US for November is expected, as well as a regular weekly report from the labor market.
#USD/JPY
During Asian trading, yen weakened against the dollar. Industrial production in Japan in October was at the expectation level (+ 0.5%). At around 08:30, this currency pair is traded at the level of 112.74 yen for one dollar, which at the beginning of the European session jen seems to be weaker against the dollar by 0.18%. At 2:30 pm, a retail data set for the US for November is expected, as well as a regular weekly report from the labor market.
#GOLD
Gold prices are on the rise during Asian trade, as the dollar fell strongly against all major currencies yesterday. Yesterday, the Federal Reserve is expected to raise its quarter-per-cent rate, which disappointed investors, as the Fed’s forecasts for 2018 and 2019. During Asian trading, gold prices rose by 0.31%
#OIL
During Asian trade, the price of crude oil is on the rise as the stock of US stocks has fallen for the fourth week in a row, according to official data yesterday late in the afternoon. At the end of the Asian session, crude oil is traded about $ 56.78 per barrel, which gives an increase of about 0.32%.
#DAX30
Dax30 fell on Wednesday (-0.44%), closing at 13,126 points. The loser of the day was RWE St (-13.06%). At 09:30, it is expected a regular, though preliminary, indicator of activity in the manufacturing sector in Germany for December.