FX Analysis by SGT Markets

Commercial Content Analysts
331

#EUR/USD
The euro has weakened against the US dollar during Asian trade. Today, price fluctuations on the exchange rate of this currency pair are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, when, last night, US President Donald Tramp announced via Twitter that he would announce at midnight today the final decision on whether the US withdrew from the nuclear disarmament agreement with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1911 for one euro, a drop of 0.10%.

#GBP/USD
The British pound weakened against the US dollar during Asian trading. Today at 9:30 am the United Kingdom will announce Halifax index house prices, which could affect the British currency, while at 09:15, US President George W. Bush will address the US Federal Reserve, Jerome Pavel, and US President Donald Tramp announced via Twitter that at midnight today, at 20:00 CET, a final decision will be made whether the US withdraws from the nuclear disarmament agreement with Iran, which together can cause increased price fluctuations in the exchange rate of this currency pair. As for economic news from the United States, at 16:00 hours JOLT will be announced a number of newly created jobs, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3549, a decrease of 0.07%.

#USD/JPY
The US dollar weakened against the Japanese yen during Asian trading. Today, price fluctuations on the exchange rate of this currency pair are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, when, last night, US President Donald Tramp announced via Twitter that he would announce at midnight today the final decision on whether the US withdrew from the nuclear disarmament agreement with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can also be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.08 Japanese yen, representing a weakness of 0.01%.

#GOLD
Gold prices strengthened during Asian trade. Today, price fluctuations in the financial market are possible. At 09:15, US President George W. Bush will address the president of the Federal Reserve of the United States, Jerome Pavel, while US President Donald Tramp announced on Thursday that he will announce at midnight today at 20:00 CET a final decision on whether the US withdraws from the nuclear deal disarmament with Iran. As for economic news, at 16:00 hours JOLT will be announced a number of newly created jobs in the US, which can all be attributed to gold. At the end of Asian trading, the price of gold is around $ 1,312.10 per one ounce, which is a 0.16% weakening.

#OIL
During Asian trade, the price of crude oil has weakened. Last night, US President Donald Tramp announced via Twitter that he would announce at midnight today at midnight the final decision whether the US withdrew from a nuclear disarmament agreement with Iran. During the previous trading sessions, the price of this fuel was strengthened by the announcement that the US could withdraw from this agreement, and therefore, price fluctuations on crude oil could be increased. Also at 22:30 in the US, the US Petroleum Institute will publish stocks of this fuel, which can also be reflected in this fuel. At the end of Asian trading, the price of crude oil ranges around $ 69.94 per barrel, which is a decline of 1.12%.

https://sgtmarkets.com/en/market-news/market-overview-2018-05-08/

332

#EUR/USD
During Asian trading, the euro is in a downward downward trend against the US dollar. This morning, he disappointed the March data on industrial production in France. Namely, there was a decrease of 0.4% and the same growth was expected. There are no major economic news and announcements from the EU today. The euro is otherwise under pressure because of the (new-old) uncertainty regarding the formation of a government in Italy. Early parliamentary elections are increasingly likely, probably in July, which can lead to the formation of an anti-system coalition government. At around 8:40 am, the euro is exchanged for $ 1.1829, which at the beginning of the European session shows a 0.3% drop in the euro. At 2:30 pm, the figures on the growth of the US producer price index in April are expected.

#GBP/USD
During the Asian trade, the British pound weakened against the US dollar. There are no economic news and announcements from the UK today. At around 08:45, this currency pair is at $ 1.3518 per pound, which means a 0.22% weakening of the pound. Tomorrow, a meeting of the Bank of England is held. At 2:30 pm, the figures on the growth of the US producer price index in April are expected.

#USD/JPY
During the Asian trade, the dollar strengthened against the Japanese yen. At around 08:45, this currency pair is traded at the level of 109.66 yen per dollar, which makes the dollar stronger at the beginning of the European session than the yen by 0.49%. At 2:30 pm, the figures on the growth of the US producer price index in April are expected.

#GOLD
The price of gold fell during Asian trade. The US dollar is at its maximum in the last four and a half months according to the main currencies. At around 8:40 am, the price of gold is about $ 1308.5 for a fine ounce. At 2:30 pm, the figures on the growth of the US producer price index in April are expected.

#OIL
During Asian trade, oil prices are in a strong upward trend, and after strong oscillations yesterday afternoon and evening. US President Donald Tramp has decided to withdraw his country from an agreement with Iran and reintroduce sanctions. The data of the American petroleum institute has shown a decline in stock prices in the United States by 1.85 million barrels. At 16:30, a weekly weekly report of crude oil stocks in the United States will be published. About 8:25 hours, crude oil is traded for about $ 70.49 per barrel, which has been a symbolic increase of 2.07% this morning.

333

#EUR/USD
The euro has weakened against the US dollar during Asian trade. After yesterday’s US currency reached its lowest level in the past seven days, the rise in US government bond yields strengthened the US dollar, reflected in Asian trading. At 8:00 am a reading of gross domestic product in Germany will be published, and soon the same information will be published for the Eurozone. At 2:30 pm, retail data will be published in the US, which together can cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1919, representing a decline of 0.06%.

#GBP/USD
The British pound is weak during Asian trading. Today at 10:30 in the United Kingdom, labor market data (data on unemployment change and average wages) will be published, and shortly after 11:00, members of the Monetary Policy Committee of the Bank of England will testify before parliament on inflation and future economic trends. At 2:30 pm, retail data will be published in the US, which together can cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3350, representing a weakening of 0.04%.

#USD/JPY
The US dollar strengthened against the Japanese yen during Asian trade. The rise in government bond yields strengthened the US currency. At 2:30 pm, retail data will be published in the US, which may be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.89 yen, an increase of 0.20%.

#GOLD
The price of gold weakened during Asian trade. Strengthening the US currency as a result of the rise in yields on US government bonds led to a weakening of the price of yellow metal. At 2:30 pm, retail data will be published in the US, which can be further reflected in the price of gold. At the end of Asian trading, the price of gold is around $ 1,311.10 per one ounce, which is a 0.55 per cent weakening.

#OIL
During Asian trade, the price of crude oil has weakened. Despite the current weakening crisis in the Middle East after US President Donald Tramp decided to withdraw the US from a nuclear deal with Iran, he still supports the rise in crude oil prices. At 22:30 tonight in the United States, a report by the US Petroleum Institute on crude oil stocks will be published, which can be further reflected in the price of this fuel. At the end of Asian trading, crude oil prices are about $ 70.94 per barrel, which represents a weakening of 0.03%.

334

#EUR/USD
The euro has weakened against the US dollar during Asian trade. The record high yields on US government bonds have affected US currencies reaching a record high against the main currencies in the past five months. Today, at 11:00 am, the Consumer Price Index (CPI) will be published in the Eurozone, while at 2:00 pm President of the European Central Bank, Mario Dragi, will address the public. At 2:30 pm, the number of building permits will be published in the United States, all of which can cause increased price fluctuations in the exchange rate of this currency pair. At the end of the Asian trade, the euro is exchanged for $ 1.1835, a decrease of 0.03%.

#GBP/USD
The British pound strengthened during Asian trading. Today there are no economic news from the United Kingdom, so the exchange rate of this currency could be influenced by economic news from the United States. At 2:30 pm, the number of building permits will be published in the United States, while in 15:15 data on industrial production will also be published in the US, which may be reflected in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3506, an increase of 0.04%

#USD/JPY
The US dollar weakened against the Japanese yen during Asian trading. Despite the disappointing reading of gross domestic product in Japan, the announcement that North Korea suspended negotiations with South Korea on the denuclearization of the Korean peninsula has affected the strengthening of the Japanese yen as a “safe haven” of a financial instrument. At 2:30 pm, the number of building permits will be published in the United States, while data on industrial production will also be published in the United States at 3:15 pm, which can be further reflected in the exchange rate of this currency pair. At the end of the Asian trade, the US dollar is exchanged for 110.29 yen, representing a weakening of 0.02%.

#GOLD
Gold prices strengthened during Asian trade. After information that North Korea suspended negotiations with South Korea on the denuclearization of the Korean Peninsula, the price of safe investments strengthened, which also reflected on the yellow metal. At 2:30 pm, the US will publish data on the number of building permits, while at 15:15, data on industrial production will also be published in the US, which could in the short term affect the price of gold. At the end of Asian trading, the price of gold is around $ 1,293.50 per one ounce, which is a gain of 0.25%.

#OIL
During Asian trade, the price of crude oil has weakened. The price of this fuel is currently affected by the increase in the stock of crude oil that last year showed the report of the American Petroleum Institute. Today at 4:30 pm, a US government report on crude oil stocks will also be published, which could further reflect on this energy source. In addition to the aforementioned reports, the withdrawal of the US from a nuclear deal with Iran and the possible reintroduction of sanctions to this country still affect the price of this energy. At the end of Asian trading, the price of crude oil is around $ 71.16 per barrel, which is a 0.21% weakening.

335

#EUR/USD
The euro strengthened against the US dollar during Asian trading. Today, at 11:00 am, the balance of trade data in the Eurozone will be announced, while Vice President of the European Central Bank Vitor Konstancio will address the public at 12:30, which can affect the euro. Also, today at 2:30 pm, the US Business Activity Index in Philadelphia will be published in the United States, which announces the Federal Reserve’s post in the US state, which may further reflect the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1822, an increase of 0.12%.

#GBP/USD
The British pound strengthened during Asian trading. Today there are no economic news from the United Kingdom, except for the public address by Andy Halden, a member of the Monetary Policy Committee of the Bank of England, at 6:00 pm. In the US, at 2:30 pm, the Philadelphia Business Activity Index will be published, which will publish a Federal Reserve office in that US state, as well as a number of applications for assistance to new unemployed people, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for 1.3539 pounds, which is a gain of 0.38%.

#USD/JPY
The US dollar weakened against the Japanese yen during Asian trading. After the US dollar strengthened yesterday as a result of the highest rate of return on US government bonds over the past seven years, as Asian trade began, the US currency is weakening. Today at 2:30 pm, the US Philadelphia Business Performance Index will be published in the United States, which announces a Federal Reserve office in that US state, as well as a number of applications for assistance to new unemployed people, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 110.32 yen, representing a decline of 0.06%.

#GOLD
The price of gold weakened during Asian trade. The price of gold is in a downward trend, mostly as a result of the growth of the US dollar, due to record high yields on US government bonds. However, the price of yellow metal could respond to the rise in geopolitical tensions on the Korean peninsula after the North Korean-US summit was scheduled for June 12 in Singapore. Today at 2:30 pm, the US Philadelphia Business Performance Index will be published in the United States, which announces a Federal Reserve office in the US state, as well as a number of applications for assistance to new unemployed people, which can in the short term be reflected in the price of gold. At the end of Asian trading, the price of gold is around $ 1,291.20 per one ounce, representing a decline of 0.03%.

#OIL
During Asian trade, the price of crude oil has strengthened. Yesterday, the US government report showed a decline in crude oil stocks, which further supported the rise in crude oil prices. The rise in crude oil prices in the past period has also been affected by geopolitical tensions in the Middle East, after the US withdrew from a nuclear deal with Iran. On the other hand, crude oil production in the United States is at a record high level, which could affect the price of this fuel. At the end of Asian trading, the price of crude oil ranges around $ 71.75 per barrel, which is an increase of 0.36%.

336

#EUR/USD
The euro has weakened against the US dollar during Asian trade. After US Treasury Secretary Stephen Mnucin said the US-China trade war was suspended, market participants turned their demand to more risky investments, which strengthened the US currency. Today there are no economic news from the eurozone, while members of federal reserves, Bostic, Harker and Kashkari will address the evening in the US, which could affect the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for 1.1750, which represents a weakening of 0.17%.

#GBP/USD
The British pound weakened during Asian trading. At the beginning of this week, there is noticeable strengthening of the US dollar against the most traded world currencies. Over the weekend, US and Chinese officials agreed that as long as the negotiations on trade relations lasted, there were no new trade tariffs, which strengthened the US dollar. There are no economic news from the United Kingdom today, while members of the federal reserve, Bostic, Harker and Kashkari will address the public in the evening, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the British pound ranges around 1.3432, representing a weakening of 0.32%.

#USD / JPY
The US dollar strengthened against the Japanese yen during Asian trade. Japanese yen as a “safe haven” financial instrument is weakening in response to Secretary of State Finance for Finance Steven Mnucin that a trade war between the US and China has been suspended as long as the negotiations between the two countries take place. However, Japan’s trade balance data released this morning showed that this country recorded a higher surplus than was expected, which could affect the Japanese yen. In the evening, in the United States, members of the Federal Reserve, Bostic, Harker and Kashkari will address the public, which could affect the exchange rate of this currency pair. At the end of the Asian trade, the US dollar is exchanged for 111.27 yen, which is a gain of 0.44%.

#GOLD
The price of gold weakened during Asian trade. After a more conciliatory rhetoric has been heard from the latest US-China negotiations on trade relations, the US dollar has reached a new record value, while the price of gold has continued to weaken. In the evening, US Federal Reserve members, Bostic, Harker and Kashkari will address the public, which could in the short term reflect the price of gold. At the end of Asian trading, the price of gold ranged around $ 1,285.90, representing a weakening of 0.43%.

#OIL
During Asian trade, the price of crude oil has strengthened. After the United States and China, two of the world’s most developed economies agreed to refrain from introducing new tariffs, the price of crude oil has strengthened. On Friday, the Baker Hughes report showed that the number of newly opened oil wells remained unchanged compared to the previous week, i.e. is 844, which is still the highest number of oil wells since March 2015. Today, a meeting of the OPEK cartel will be held, which could reflect the price of this fuel. At the end of Asian trading, the price of crude oil ranges around $ 71.88, which is a gain of 0.73%.

337

#EUR/USD
During the European trading, the euro strengthened shifting from the lowest level recorded in December. The yields on the ten-year US Treasury bonds are about 3.07% and the potential development of events in Italy does not favor the euro zone, which is still pushing the euro. There were no major economic news and announcements from the EU today. At around 14:00, the euro is exchanged for $ 1.1764, which at the beginning of the European session shows a weakening of the euro by 0.06% since the beginning of trading today. Today there are no major economic news and announcements from the United States.

#GBP/USD
During European trading, the British pound is trying and at least managed to strike a balance against the dollar. The yields on the ten-year US Treasury bonds are around 3.07%, which continues to give strength to the US dollar. There were no major economic news and announcements from the UK today. At around 14:00, the British pound is exchanged for $ 1.3432, which means the weakening of the pound against the dollar by 0.28% since the beginning of trading today. Today there are no major economic news and announcements from the United States.

#USD/JPY
The US dollar lost some of the big gains compared to the Japanese yen during the first part of the European trading. The yields on the US Treasury’s ten-year bonds are about 3.07%. The positive developments in the US-China trade talks of the week do not support the Japanese yen. About 14:05 hours, the US dollar is exchanged for 111.25 yen, which represents a strengthening of the dollar by 0.43%. Today there are no major economic news and announcements from the United States.

#GOLD
The price of gold rose slightly during the first part of European trading. The strong US dollar, due to its high yields on US government bonds and the US and Chinese approach to trade in commercial matters, continue to (downward) pressure on the price of gold. At around 14:05 hours, the price of gold is around $ 1284, which is a 0.57% price tag. Today there are no major economic news and announcements from the United States.

#OIL
During the first part of European trading, the price of crude oil is declining. At around 1:50 pm, the price of crude oil ranges around $ 71.45 per barrel, which is an increase of 0.11% from the start of trading tonight. The price rise was triggered by the positive development of events in US-China trade negotiations. The regular weekly data of Baker Hughes - on the number of oil wells in the US, remained at the level of the previous report (844 units).

338

#EUR/USD
During the Asian trade, the euro weakened against the dollar and is located not far from the five-month low that was recorded on Monday. At around 08:40 hours, the euro is exchanged for $ 1.1755, which at the beginning of the European session shows a weakening of the euro by 0.21%. At 09:30, a preliminary indicator of the activity dynamics in the manufacturing industry in Germany will be published for the month of May, and at 10:00 am, a similar set of data for the euro zone. Notes from the last meeting of the US Federal Reserve Monetary Committee are expected tonight.

#GBP/USD
During the Asian trading period, the British pound weakened considerably against the US dollar. At 08:40, this currency pair is at $ 1,3388 per pound, which means the pound’s weakening is 0,34%. At 10:30, inflation data in the UK will be published in April. Notes from the last meeting of the US Federal Reserve Monetary Committee are expected tonight.

#USD/JPY
During the Asian trade, the Japanese yen strengthened against the dollar. Comments by the US President that the meeting with the North Korean leader is a big sign of the issue with the statement that trade negotiations with China are not doing well (contrary to the state secretary’s statement from Sunday) gave a short-term respite to the Japanese currency. At around 8:40 am, this currency pair is traded at 110.41 yen per dollar, which makes the dollar weaker against the yen by 0.44% at the beginning of the European session. Notes from the last meeting of the US Federal Reserve Monetary Committee are expected tonight.

#GOLD
The price of gold has been declining during Asian trade. The US dollar strengthened against all major currencies other than the Japanese yen. At around 08:45, the price of gold is around $ 1,290 for a fine ounce. Notes from the last meeting of the monetary committee of the Federal Reserve of the United States are expected tonight, which should provide more indications of the total increase in the interest rate this year in the US.

#OIL
During Asian trade, the price of crude oil receded against the highest levels. Tonight, the report of the US Petroleum Institute showed a lower decline in US crude oil reserves than expectations. Namely, the drop was 1.3 million barrels and a fall of 2.8 million barrels was expected. At 16:30, the official weekly data of the US Energy Information Agency will be published. At around 08:45 hours, crude oil is traded for about $ 71.99 per barrel, which has dropped by 0.29% this morning.

339

#EUR/USD
The euro strengthened against the US dollar during Asian trading. Last night, notes from a Federal Reserve meeting indicated that a certain increase in the interest rate at the next meeting in June, however, the Federal Reserve’s announcement that it would tolerate an inflation rate above 2% for now has slightly weakened the US currency. The weakening of the dollar was further supported by US President Donald Trump’s announcement that an investigation would be carried out on whether imports of cars threaten the national security of this country. At 8:00 am in Germany, reading of the gross domestic product will be published, while at 13:30, the European Central Bank will publish notes from the previous meeting, which could cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1705, representing an increase of 0.08%.

#GBP/USD
The British pound strengthened against the US dollar during Asian trading. The Federal Reserve’s intention to tolerate the inflation rate above the target level of 2% for now and the announcement by the US president of an investigation aimed at determining whether imports of cars threaten national security have weakened the US currency. Today at 10:00 in the United Kingdom, the Bank of England Governor Mark Carney will address the public, while half an hour later will also publish retail data in the UK, which can cause increased price fluctuations in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for 1,3369 US dollars, which represents a gain of 0.16%.

#USD/JPY
The US dollar weakened against the Japanese yen during Asian trading. The Federal Reserve’s intention to tolerate the inflation rate above the target level of 2% for now and the announcement by the US president of an investigation aimed at determining whether imports of cars threaten national security have weakened the US currency. Today at 4:00 pm in the United States will be published data on the number of sold existing houses, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.35 yen, which represents a 0.66% weakening.

#GOLD
Gold prices strengthened during Asian trade. The political risk has increased in the financial market after US President Donald Tramp announced that he would investigate whether imports of cars in the US are a threat to the national security of this country. Also, the uncertainty about the upcoming summit between North Korea and the United States further increases the demand for safe investments. At the end of Asian trading, the price of gold is around $ 1,294.70 per one ounce, which is a gain of 0.40%.

#OIL
During Asian trade, the price of crude oil has weakened. The issue of the export of crude oil from Iran and Venezuela was quite worrying about the OPEC cartel, which is now considering easing the agreement on reducing production between member countries and non-members of this organization. The weakening of the price of this fuel was further supported by the growth of crude oil stocks, which was released yesterday by a US government report. At the end of Asian trading, the price of crude oil ranges around $ 71.58 per barrel, representing a weakening of 0.36%.

340

#EUR/USD
During the Asian trade, the euro weakened against the dollar and is again close to the minimum recorded yesterday. At around 08:45 hours, the euro is exchanged for $ 1.1704, which at the beginning of the European session shows the weakening of the euro by 0.13%. At 10:00, the Ifo indicator of the business climate in Germany will be announced for April. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

#GBP/USD
During the Asian trade, the British pound weakened against the US dollar. At around 08:45, this currency pair is at $ 1,3357 per pound, which means a 0.17% pound loss. At 10:30, preliminary data on GDP growth in the UK in the first quarter will be published. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

#USD/JPY
During Asian trading, the Japanese yen weakened against the dollar. After yesterday’s cancellation of a meeting with the North Korean leader by US President Donald Tramp, the dollar was recovering against the yen. Namely, they have, in fact, suppressed the figures on basic inflation in the current variant. An annual growth rate of half a percentage is expected, and a 0.6% growth is expected. At around 08:45, this currency pair is traded at the level of 109.42 yen per dollar, which makes the dollar stronger at the beginning of the European session against the yen by 0.16%. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

#GOLD
The price of gold has been declining during Asian trade. After yesterday’s growth caused by the cancellation of a meeting with the North Korean leader, by US President Donald Tramp, gold lost some of its profits. The US dollar strengthened against all major currencies, which affected the mild decline in the price of gold. At around 8:35 am, the price of gold is around $ 1302 for a fine ounce. At 14:30, data on orders for permanent consumer goods in the United States are expected for April. At 3:20 pm, the president of the Federal Reserve of the United States, Jerome Powell, will speak.

#OIL
During Asian trade, the price of crude oil has further deteriorated. Yesterday, the Russian Energy Minister said that the restrictions on crude oil production should be slowly completed if at the June 22 meeting it is revealed that the market has found a balance between supply and demand. At 7:00 pm, Baker Hughes’s weekly data on the number of oil wells in the United States will be published. About 8:40 am, crude oil is traded for around $ 70.50 per barrel, which has dropped by 0.3% this morning.

341

#EUR/USD
During the Asian trade, the euro is still in a free fall towards the dollar in order to stop the fall early this morning. Better data (out of expectations) on retail growth in Germany was published. However, the political crisis in the third economy of the euro zone is still in the focus of the investment community and (additionally) destroys the value of the euro. At around 8:35 am, the euro is exchanged for $ 1.1570, which at the beginning of the European session shows a weakening of the euro by 0.29%. At 9:55 am, the unemployment rate in Germany will be announced for May, and in the early afternoon, inflation data. At 2:15 pm, ADP’s number of newly created jobs in the United States is expected to be released as an Overture for the official (NFP) report on Friday for May, and fifteen minutes later, preliminary data on US GDP growth in the first quarter.

#GBP/USD
During Asian trading, the British pound is trying to recover against the US dollar. However, everything indicates that this is the expected (technical) corrective movement. At 8:40 am, this currency pair is at $ 1.3270 for a pound, which means a pound gain of 0.14%. There are no major economic news and announcements from the UK today. At 2:15 pm, ADP’s number of newly created jobs in the United States is expected to be released as an Overture for the official (NFP) report on Friday for May, and fifteen minutes later, preliminary data on US GDP growth in the first quarter.

#USD/JPY
During the Asian trade, the Japanese yen lost some of the winnings since yesterday. At around 08:45, this currency pair is traded at 108.78 yen per dollar, which at the beginning of the European session makes the dollar stronger than the yen by 0.01%. At 2:15 pm, ADP’s number of newly created jobs in the United States is expected to be released as an Overture for the official (NFP) report on Friday for May, and fifteen minutes later, preliminary data on US GDP growth in the first quarter.

#GOLD
The price of gold has been declining during Asian trade. At around 08:45, the price of gold is around $ 1297 for a fine ounce. At 2:15 pm, ADP’s number of newly created jobs in the United States is expected to be released as an Overture for the official (NFP) report on Friday for May, and fifteen minutes later, preliminary data on US GDP growth in the first quarter.

#OIL
During Asian trade, the price of crude oil is consolidated. The idea of limiting the restrictions on the production of crude oil has led, it seems, to a new equilibrium price. The OPEC meeting is to be held on June 22, which should show whether these ideas will be put into action. At 22:30, a weekly US Oil Petroleum Institute report on the stock of crude oil in the United States will be published. At around 08:45 hours, crude oil is traded for around $ 66.77 per barrel, which has grown from 0.06% since this morning.

342

#EUR/USD
During the Asian trading, the euro has lost some of its profits since yesterday. Yesterday, the US president imposed customs duties on imports of steel and aluminum from the EU, and Europeans announced countermeasures. This, however, did not significantly affect the mild recovery of the euro recorded from the day before yesterday. At around 8:35 am, the euro is exchanged for $ 1.1679, which at the beginning of the European session shows a weakening of the euro by 0.11%. At 9:55 am, an indicator of economic activity in the manufacturing industry in Germany will be announced for May, and ten minutes earlier from France and Italy. At 10:00 am, an aggregate indicator at the euro zone level will be announced. At 14:30, regular monthly data from the American Labor Market (NFP) for May are expected - about 189,000 new jobs (189,000), unemployment rate (+ 3,9%) and wage growth rate (+0,2 %).

#GBP/USD
During the Asian trade, the British pound weakened against the US dollar. At 08:35 hours, this currency pair is at $ 1.3278 for a pound, which means a 0.14% weakening of the pound. At 10:30, an economic activity indicator in the UK manufacturing industry will be published. At 14:30, regular monthly data from the American Labor Market (NFP) for May is expected - about 189,000 new jobs (189,000), the unemployment rate (+ 3,9%) and the growth rate of earnings (+0, 2%).

#USD/JPY
During Asian trading, the Japanese yen weakened against the dollar. At around 08:45, this currency pair is traded at 109.18 yen per dollar, which at the beginning of the European session makes the dollar stronger than the yen by 0.33%. At 14:30, regular monthly data from the American Labor Market (NFP) for May is expected - about 189,000 new jobs (189,000), the unemployment rate (+ 3,9%) and the growth rate of earnings (+0, 2%).

#GOLD
The price of gold has been declining during the Asian trade, as the dollar strengthened despite the decision of US President Donald Trampe, who imposed yesterday customs duties on imports of steel and aluminum from the EU, Canada and Mexico. At around 08:45, the price of gold is around $ 1298 for a fine ounce. All the eyes of the investors are turned to the NFP report. Namely, at 2:30 pm, monthly monthly data from the US labor market are expected for May - the number of newly created jobs (189,000 expected), the unemployment rate (expectation + 3,9%) and the rate of salary growth (+0, 2%).

#OIL
During Asian trade, the price of crude oil is consolidated. It did not maintain a strong growth after the release of the stock report since yesterday, when there was a higher fall in inventory expectations. Production growth from the United States, however, has grown at an unprecedented pace and is now at a level of 10.73 million barrels (very close to Russia’s production). At around 8:50 am, crude oil is traded for around $ 67.08 per barrel, which has grown from 0.06% since the beginning of trading today.

343

#EUR/USD
During the Asian trading, the euro has lost some of its profits since yesterday. Investors have accepted excellent data from Friday (on the state of the US economy) in a way that has boosted their preference for investing in more risky instruments. This pushed the prices of stocks and downgraded bond prices, or raised yields on long-term bonds. This made the dollar stop the solid growth of the euro that was recorded yesterday on the account of the dismissal of the saga of the government’s assimilation in Italy. At around 8:40 am, the euro is exchanged for $ 1.1692, which at the beginning of the European session shows a weakening of the euro by 0.05%. At 9:55 am, an indicator of economic activity in the German service sector will be published for May and five minutes later and an aggregate indicator at the level of the euro zone. At 16:00, an indicator of economic activity in the US service sector will be announced by the Institute for Supply Management. At the same time, a (JOLTs) report on the number of new jobs in the United States is expected.

#GBP/USD
During the Asian trade, the British pound slightly strengthened against the US dollar. At around 8:40 am, this currency pair is at $ 1,3318 per pound, which means a pound gain of 0.04%. At 10:30, an economic activity indicator in the UK service sector will be published. At 16:00, an indicator of economic activity in the US service sector will be announced by the Institute for Supply Management. At the same time, a (JOLTs) report on the number of new jobs in the United States is expected.

#USD/JPY
During the Asian trade, the Japanese yen has weakened against the dollar since yesterday, amid rising yields on US government bonds, in a mild strengthening against all major currencies. At around 08:45, this currency pair is traded at the level of 109.84 yen per dollar, which at the beginning of the European session makes the dollar stronger than the yen by 0.03%. At 16:00, an indicator of economic activity in the US service sector will be announced by the Institute for Supply Management. At the same time, a (JOLTs) report on the number of new jobs in the United States is expected.

#GOLD
The price of gold moves in a horizontal channel during Asian trading. The dollar is from yesterday, worn by the rise in US government bond yields, in a mild strengthening against all major currencies. At around 8:50 am, the price of gold is around $ 1291.5 per fine ounce. At 16:00, an indicator of economic activity in the US service sector will be announced by the Institute for Supply Management. At the same time, a (JOLTs) report on the number of new jobs in the United States is expected.

#OIL
During Asian trade, crude oil prices consolidated and recorded a slight increase. However, the increase in production in the United States and announcements by OPEC about the increase in production are keeping the price at a new low level. At 08:35 hours, crude oil is traded about $ 65.11 per barrel, which has been growing since 0.56% since the beginning of trading today. At 22:30, a regular report of the US Petroleum Institute on the stock of crude oil in the US on a weekly basis will be published.

344

#EUR/USD
The euro strengthened against the US dollar during Asian trading. Today at 10:00 am, a member of the executive board of the European Central Bank Merk will address the public, which could affect the euro. Also, today at 2:30 pm, the data on trade balance and labor costs will be published in the United States, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1717, which is a gain of 0.03%.

#GBP / USD
The British pound strengthened against the US dollar during Asian trading. The British pound is under growing trend after yesterday’s UK service provider procurement index was better than expected. Today at 12:40, the public will be addressed by a member of the Monetary Policy Committee of the Bank of England Tenrejro, while at 2:30 pm, the data on the trade balance and labor costs will be published in the United States, which could also reflect on the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.3407, an increase of 0.12%.

#USD / JPY
The US dollar strengthened against the Japanese yen during Asian trade. Today at 2:30 pm, the trade balance and labor costs of the workforce will be published in the United States, which could be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.93 Japanese yen, an increase of 0.14%.

#GOLD
The price of gold weakened during Asian trade. After US Secretary of Finance Stephen Mnucin said he was advocating Canada’s exclusion from trade tariffs on aluminum and steel, the sentiment of financial market risks weakened, which affected the price of yellow metal. The movement of the price of yellow metal today could be affected by technical analysis indicators, as well as the movement of the US dollar. At the end of Asian trading, the price of gold is around $ 1,301.90 per one ounce, representing a weakening of 0.02%.

#OIL
During Asian trade, the price of crude oil has strengthened. Last night, the US Petroleum Institute showed a reduction in crude oil stocks, which affected the price of this fuel. Today at 16:30 in the United States, an official US government report on crude oil stocks will also be published, which could also be reflected in the price of this fuel. At the end of Asian trading, the price of crude oil ranges around $ 65.86 per barrel, which is a gain of 0.55%.

345

#EUR/USD
The euro strengthened against the US dollar during Asian trading. At 8:00 am in Germany, information on industrial production and trade balance will be published, while at 10:15 a European Central Bank official will address the public, which could affect the exchange rate of this currency pair. Also, the forthcoming summit of Group 7, which will be held this weekend in Canada, attracts the attention of participants in the financial market, mainly due to the trade tariffs introduced by the USA to some member countries of this group. At the end of Asian trading, the euro is exchanged for $ 1.1806, which represents an increase of 0.05%.

#GBP/USD
The British pound strengthened against the US dollar during Asian trading. Today at 10:30 in the United Kingdom will be published data on the index of procurement managers of the factory sector, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for $ 1.423, which is a gain of 0.01%.

#USD/JPY
The US dollar weakened against the Japanese yen during Asian trading. However, this morning disappointing data on gross domestic product in Japan was published, which could, during the continuation of trading, be reflected in the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 109.66 Japanese yen, a decrease of 0.04%.

#GOLD
The price of gold weakened during Asian trade. The weakening of the price of yellow metal is attributed to the strengthening of the US dollar that began recovering after touching the lowest value in the last three weeks. The demand for safe financial instruments is still present before the upcoming Group 7 meeting in Canada this weekend and the North Korean-US summit to be held on June 12th in Singapore. At the end of Asian trading, the price of gold ranges from around 1,299.20 per one ounce, representing a decline of 0.29%.

#OIL
During Asian trade, the price of crude oil has weakened. The price of crude oil is between two sentiments. The first group of news comes from Venezuela and concerns the slowdown in the export of crude oil from this country, which strengthens the price of this fuel. On the other hand, the record production of crude oil in the United States and the announcement of the cartel OPEC that it could increase crude oil production after a regular June 22 meeting in Vienna affects negatively the price of this fuel. At the end of Asian trading, the price of crude oil ranges from around $ 65.80 per barrel, representing a weakening of 0.23%.

346

#EUR/USD
The euro strengthened against the US dollar during Asian trading. Trade tensions between the US and China have further escalated following US President Donald Trampe’s instructions to identify Chinese $ 200 billion worth of goods that would be subject to new US tariffs. This intention strongly weakened the US dollar. Today at 2:30 pm, the number of building permits will be published in the United States, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1626, representing a gain of 0.03%.

#GBP/USD
The British pound strengthened against the US dollar during Asian trading. Trade tensions between the US and China have further escalated following US President Donald Tram’s instructions to identify Chinese products worth $ 200 billion, which would be subject to new US tariffs. This intention strongly weakened the US dollar. Today at 2:30 pm, the number of building permits will be published in the United States, which can be further reflected in the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for 1.3262 US dollars, which represents a gain of 0.11%.

#USD/JPY
During the Asian trade, the US dollar weakened against the Japanese yen. Trade tensions between the US and China have further escalated following US President Donald Tram’s instructions to identify Chinese products worth $ 200 billion, which would be subject to new US tariffs. This intention strongly weakened the US dollar and consequently increased the demand for safe investments, including the Japanese yen. At the end of Asian trading, the US dollar is exchanged for 109.70 Japanese yen, a 0.77% drop.

#GOLD
Gold prices strengthened during Asian trade. The risk exposure is again present in the financial market after the news that the US administration is considering introducing additional tariffs on Chinese products worth $ 200 billion in value. Today at 2:30 pm, the number of building permits will be announced in the United States, which can in the short term be reflected in the price of gold. At the end of Asian trading, the price of gold is exchanged for $ 1,285, representing a gain of 0.37%.

#OIL
During Asian trade, the price of crude oil has weakened. As the meeting of the OPEK cartel closes on June 22, in Beča, the price of this energy is showing increasing price fluctuations. At the upcoming meeting, it is expected to consider increasing the production of crude oil, in order to limit the price of this fuel. At 22:30 tonight, the US Petroleum Institute will publish a report on the stock of this fuel in the United States, which can be reflected in the price of crude oil. At the end of Asian trading, the price of crude oil ranges from around $ 65.25 per barrel, which is a 0.67% weakening.

347

#EUR/USD
The euro strengthened against the US dollar during Asian trading. The dollar has moved away from the highest recorded value in the past 11 months. The reason for this is the closure of earlier profitable positions, as well as yesterday’s disappointing data on the Fed’s manufacturing activity index in Philadelphia. Today at 9:30 am the index of procurement managers of the manufacturing and service sectors in Germany will be published, while the same data at 15:45 will be published in the USA, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the euro is exchanged for $ 1.1620, representing an increase of 0.15%.

#GBP/USD
The British pound strengthened during Asian trading. After yesterday’s meeting of the Bank of England, where a member of the Monetary Policy Committee, Andy Halden, somewhat unexpectedly pledged to increase the interest rate, the British currency strengthened. At 15:45 in the United States, data from the index of the procurement of the manufacturing sector and the service sector in the USA will be published, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the British pound is exchanged for 1.3273 USD, which is a gain of 0.24%.

#USD/JPY
During the Asian trade, the US dollar strengthened against the Japanese yen. This morning, Japan’s index of consumer prices of foods that exclude food was published within the expected values. At 15:45 in the United States, data from the index of the procurement of the manufacturing sector and the service sector in the USA will be published, which could reflect the exchange rate of this currency pair. At the end of Asian trading, the US dollar is exchanged for 110.01 Japanese yen, which is a gain of 0.01%.

#GOLD
The price of gold weakened during Asian trade. Over the course of overnight trading, the price of gold has managed to separate itself from the lowest recorded value in the last 11 months. Tensions in the face of trade disputes between China and the United States are still present, hence the price of gold as a safe financial instrument could react. At the end of Asian trading, the price of gold is exchanged for $ 1,270.20, representing a decline of 0.03%.

#OIL
During Asian trade, the price of crude oil has strengthened. Today, a meeting of the OPEK cartel in Vienna will take place, with a final decision on the question of whether and how much the production of crude oil will increase. OPEK does not have a unique position on this issue, since the increase in production is being hampered by individual member states, primarily Iran. Bearing in mind that there is no exact time when the final decision will be announced, today’s day price rises in crude oil prices are possible. At the end of Asian trading, the price of crude oil ranges around $ 66.28 per barrel, an increase of 1.13%.

348

#EUR/USD
During the Asian trading, the euro has left a small part of the winnings since yesterday, the European currency was in a good run. Namely, the reaction to the ECB’s announcement appeared to have been overstressed ten days ago and the euro was again sticking to its feet. At around 08:45 hours, the euro is exchanged for $ 1.1696, which at the beginning of the European session shows a weakening of the euro by 0.07%. At 16:00, the US Consumer Confidence Index for the month of June is expected to be announced by the Conference Board.

#GBP/USD
During Asian trading, the British pound weakened against the US dollar, failing to confirm a solid momentum since yesterday. At 08:35 hours, this currency pair is at $ 1.3274 per pound, which means the pound’s weakening by 0.07%. Today there are no economic announcements and news from the UK, and the pound will be important at the end of this month, because a regular EU summit is held on June 28 and 29, in which one of the main topics will be the progress of negotiations on the UK’s withdrawal from the EU. At 16:00, the US Consumer Confidence Index for the month of June is expected to be announced by the Conference Board.

#USD/JPY
During the Asian trade, the Japanese yen strengthened against the dollar due to investors’ concerns over the intensification of trade relations between the major economies of the world. At around 8:35 am, this currency pair is traded around the level of 109.65 yen per dollar, which at the beginning of the European session makes the yen stronger compared to the dollar by 0.11%. At 16:00, the US Consumer Confidence Index for the month of June is expected to be announced by the Conference Board.

#GOLD
The gold price has confirmed its downward trend since yesterday. It seems that gold is immune to the uncertainties that have previously been supported and closely monitored the movement of the value of the US currency. At around 8:40 am, the price of gold is about $ 1,264 for a fine ounce. At 16:00, the US consumer confidence index for the month of June is expected to be announced by the Conference Board, which indirectly, to a lesser extent, can affect the price of gold.

#OIL
During the Asian trade, crude oil prices registered a mild growth by recovering losses from the second half of yesterday. Still impressions are made after the OPEC organization meeting in Vienna, but it seems that the price of crude oil is slowly finding a new higher equilibrium level. At around 08:30, crude oil is traded for about $ 68.23 per barrel, which has been growing since 0.22% since the beginning of trading today.

349

#EUR/USD
During the Asian trading, the euro has recovered a fraction of the losses since yesterday. At around 08:45 hours, the euro is exchanged for $ 1.1659, which at the beginning of the European session shows a strengthening of the euro by 0.09%. There are no economic announcements and news from the EU today. At 2:30 pm, the data on the sale of durable consumer goods in the US for May, at 16:00, and the US real estate market figure, for the sale of (capped) houses in May will be published.

#GBP/USD
During the Asian trading, the British pound remained weak compared to yesterday. Namely, the “dovish” statement of a new member of the Board of the Bank of England in Parliament did not go hand in hand with the British currency. At around 08:30, this currency pair is at $ 1.3224 for a pound, which means the pound’s weakening by 0.07%. At 10:30, the Bank of England Governor Mark Carney is expected to address. At 2:30 pm, the data on the sale of durable consumer goods in the US for May, at 16:00, and the US real estate market figure, for the sale of (capped) houses in May will be published.

#USD/JPY
During the Asian trade, the Japanese yen strengthened against the dollar due to investors’ concerns over the intensification of trade relations between the major economies of the world. At around 08:50, this currency pair is traded around the level of 109.82 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.22%. At 2:30 pm, data on the sale of durable consumer goods in the United States for May will be published. At 16:00, the US real estate market figure is expected to sell (capped) homes for May.

#GOLD
Gold from day to day confirms its downward trend. At around 08:45, the price of gold is about $ 1,255.5 for a fine ounce. At 2:30 pm, data on the sale of durable consumer goods in the US in May will be published, which in the short term can influence the movement of the US dollar.

#OIL
During Asian trade, crude oil prices are rising. Supply disruptions from Canada are supported by a rise in the price of crude oil. Also, a statement by US officials to suspend oil imports from Iran in November has affected strong growth since yesterday. In addition, the US Petroleum Institute announced last night that US oil stocks fell 9.3 million barrels last week (expected to fall to just 2.5 million). About 8:40 am, crude oil is traded about $ 70.86 a barrel, which has been growing since 0,47% since the beginning of trading today.

350

#EUR/USD
During the Asian trading, the euro strengthened against the dollar. The EU summit has brought disagreements about the approach and way of regulating (illegal) migration to and within the EU. Italy has threatened not to support the deal at any point on the agenda unless a satisfactory solution is found on this extremely important issue. However, early in the morning, the deal was largely achieved and the euro strengthened strongly. At around 08:45, the euro is exchanged for $ 1.1641, which at the beginning of the European session shows a strengthening of the euro by 0.63%. At 11:00, data on inflation in the euro zone will be published. At 2:30 pm, figures on the rise in inflation in the US will be published according to the Fed’s methodology.

#GBP/USD
During Asian trading, the British pound recovered against the US dollar. The British currency follows the movement of the euro, which has achieved a strong recovery against the dollar. At around 08:45 hours, this currency pair is at $ 1,3114 per pound, which means a gain of 0.28%. At 10:30, the figures on GDP growth in the UK in the first quarter are expected to follow and macroeconomic indicators. The EU summit should today provide more answers to the question of the status and progress of EU accession negotiations. At 2:30 pm, figures on the rise in inflation in the US will be published according to the Fed’s methodology.

#USD/JPY
During Asian trading, the Japanese yen weakened against the dollar. Better data on unemployment and the state of inflation since tonight have provided an incentive, but not for too long. Later, the dollar reversed and the yen’s weakening trend that lasts for the past few days has continued. At around 8:50 am, this currency pair is traded around the level of 110.60 yen per dollar, which at the beginning of the European session is getting weaker against the dollar by 0.1%. At 2:30 pm, figures on the rise in inflation in the US will be published according to the Fed’s methodology.

#GOLD
Gold prices recovered slightly during Asian trade. At around 8:40 am, the price of gold is about $ 1251 for a fine ounce. At 2:30 pm, figures on inflation growth in the US will be published according to the Fed’s methodology, which in the short term can influence the movement of the US dollar, and indirectly to gold.

#OIL
During Asian trade, the price of crude oil slowed down. The strong price rise due to the current supply problems from Canada and long-term from Venezuela and Iran in the near future pushed the price of oil to the highest level since November 2014. Recording profits to the account of that growth halted the upward movement and slightly lowered the price of crude oil down. About 8:40 am, crude oil is traded for around $ 73.22 per barrel, which has been falling from 0.21% since the beginning of trading today.