17:30 MSK. US data on crude oil inventories from the Energy Department.
The euro dollar forecast EUR / USD at today 04/25/2018
We sell the euro, based on the continuation of the downtrend. The main factor for the drop in prices - it is the negative dynamics of the debt market, where the yield differential on 10-year German and US government bonds demonstrates decline. On Tuesday, US investors pleased with the positive data on sales of new buildings and consumer confidence from the Conference Board, which brought the yield on 10-year US bonds at the level of 3%, the first time since January 2014. Investors are actively debating a more rapid increase in the Fed rate than previously thought, as strong economic data will contribute to the more rapid growth of inflation.
EUR / USD today recommendation: Sell 1,2244 / 1,2265 and take profit 1,2197.