17:00 MSK. USA: Sales of housing in the secondary market in July (the previous value of -0.6% m / m forecast 0.8% m / m).
17:30 MSK. US data on crude oil inventories from the Department of Energy in August (the previous value of 6.805M; -1.533M forecast).
The euro dollar forex forecast pair EUR / USD today 22/08/2018
The beginning of the conflict between the US president and the head of the Fed is positive for the euro. D. Trump emphasizes the financial authorities on the fact that he leads trade negotiations with Europe and China, and the rise of the dollar can significantly interfere with the achievement of positive results. "The central banks of other countries in the world remain extremely loose monetary policy," - says J. Trump.
On Friday, held an economic symposium in Jackson Hole, where D. Powell will deliver a speech and will benchmark the market regarding future interest rate hikes. In the current environment, the head of the FOMC may be more cautious and to declare yet another rate hike before the end of the year, at the September meeting. This outcome indicates and head of the Federal Reserve Bank of Atlanta Raphael Bostic. The credit market is now laid it on such an outcome - the yield spread on 10-year German government bonds and the US in the past two days shows rapid growth, which is positive for the euro.
EURUSD recommendation: Buy 1,1566 / 1,1545 and take profit 1,1612.
Pound dollar forex forecast pair GBP / USD today 08/22/2018
UK budget surplus in July reached £ 2 billion, which is twice more than a year ago - This is the maximum figure for this month over the past 18 years! For Sterling is a strong positive signal, many investors and economists looked very pessimistic on the prospects of the Kingdom of the budget due Brexit. Debt market reacted positively to this novost- for Tuesday profitability of British 10-year bonds rose relative to their counterparts in the USA and Germany, it will support the British today.
Oil can also support the pound. Iran presented a new fighter of its own production. "We must prepare for the struggle against the military powers that want to take over our territory and our resources", - said the president of Iran Hassan Rouhani. "Why did we not attack the United States because of our strength, due to the fact that they understand the implications?" - said the leader of the Islamic republic. Thus, Iran does not think about how to go on negotiations with the United States.
GBP / USD recommendation: Buy 1,2892 / 1,2860 and take profit 1,2950.
Dollar yen forex forecast pair USD / JPY today 22/08/2018
This week, the world's leading stock markets are showing an upward trend, which is positive for the pair as it is highly dependent on the mood of the stock markets. The main newsmaker of the week are the US and China. Firstly, the two sides decided to hold trade talks, to "reduce the degree of" tension in bilateral relations. Second, China's State Council has decided to provide support for small business, which accounts for about 60% of the economy. In a statement, the State Council said the government will increase support to small businesses, which still have little access to the country's banking system, which is dominated by the public sector. Also announced a reduction in taxes and fees to the small companies. Third, D.Tramp conducts verbal intervention aimed at weakening of the dollar to increase US exports.
USDJPY recommendation: Buy 110,25 / 110,00 and take profit 111,00.
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