#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.