The output report statistics PPI producer price index, which usually does not attract much attention, this time caused the market movements. An unexpected increase in the price index resumed its expectations of interest rate hikes in the United States. The dollar rose significantly against this background. In this regard, special attention will be today on the release of US CPI index of consumer prices.
Forecast of the EURUSD - today the euro dollar fell below 1.1700, today's trading range EUR / USD 1.1650-1.1700, with the risk of further decline of the euro quotations toward 1.1600.
Forecast GBPUS D - today the pair Pound Dollar tries on the strength of the support zone of 1.3190-1.3200, trading range in the GBP / USD pair until 1.3180-1.3230.
Forecast USDJPY - the dollar is growing particularly noticeable. Pair rose above 111.50 and 112.00, 112.50 mark just around the corner. Apparently, the upward trend is gaining momentum. The range of the day - 112-113.
The forecast EURCHF - range 1.1600-1.1650 without significant changes.
Forecast AUDUSD - 0.7350-0.7400 range, there is the risk of decline to 0.7300-20.
Forecast NZDUSD - Today the range of 0.6740-0.6780, with the risk of falling to 0.6700-20.
Forecast USDCAD - raising rates in Canada did not help the Canadian currency. Today the range of 1.3150-1.3250.
Gold Forecast - metal fell below 1250. Today, the range of 1240-1250.
Brent crude oil forecast - there was a sharp drop below 75, that looks ominously for the uptrend. The range of the day - 74-75.
Forecast USDRUB - 62.00-62.50 range while without much change.
Forecast of US stock market is relatively stable on the background of dollar growth. S & P500 index is in the range 2760-2780.
Forecast BTCUSD - falling below 6500, as expected, reached 6300. Today the range of 6300-6500, with the risk reduction for 6000-6100, if the demand is close to 6300 will not sustain the onslaught of sales.
Analyst and forex forecast Vasily Barsukov WELTRADE