12:30 MSK. UK: Changing of GDP in Q3 (the previous value of 1.2% g / g; forecast 1.5% g / g).
16:30 MSK. US Producer Price Index for October (the previous value of 2.6% y / y, forecast 2.7% y / y).
The euro dollar forecast EUR / USD pair today 11/09/2018
Players of the currency market in EURUSD today in the first half of trading should not expect a moderate depreciation of the euro currency against the background of the negative dynamics of the credit and commodity markets. The yield on German 10-year bonds falling to their counterparts from the United States and the UK, it will have a negative impact on the currency of the Old World. Feedstock market there is a decrease in quotations of industrial metals and energy, which is just as bad for the euro, due to the direct correlation of the single currency with these instruments. In the second half of trading possible short covering and roll back up after the publication of data on the index of producer prices in the US in October. It is expected to yield poor data, as this figure is heavily dependent on commodity prices, which showed a decline in October.
EURUSD recommendation: Sell 1,1355 / 1,1370 and take profit 1,1335.
Pound dollar forex forecast pair GBP / USD today 11/09/2018
GBPUSD - Forex Traders today have two reasons to buy British.
First, a report on UK GDP for the third quarter may please investors strong data on the background growth of business activity in the services sector. British GDP traditionally shows strong growth in the second and third quarters, followed by a decline in the fourth quarter. Today report for the third quarter.
Second, the yield of British 10-year bonds on the bond market shows growth to peers from the US and Germany, it will positively support the sterling.
GBP / USD recommendation: Buy 1,3035 / 1,3015 and take profit 1,3090.
Dollar yen forex forecast pair USD / JPY today 11/09/2018
USD / JPY The pair is set up for testing in October peak, which is located at around 114.54. Buyers USD / JPY - two reasons for the growth.
First, the yield spread of 10-year US and Japanese government bonds demonstrates the growth that usually has a pair of strong support. This figure is now close to its yearly high, which indicates a strong trend. Why spread growing? US Federal Reserve raises interest rates gradually and the new rise of 0.25% is expected on December 19. Bank of Japan interest rate will not change for at least another year.
Second, the likely continued growth in the US stock market, which is also positive for the pair USD / JPY, as it is strongly correlated with the S & P500 index, which today may show the growth of quotations in the region in 2840.
USDJPY recommendation: Buy 113,80 / 113,60 and take profit 114.54.