The euro dollar forex forecast pair EUR / USD today 09/24/2018
On the first day of the week it is not expected to important macroeconomic statistics, and the course of trading will depend on the situation on the bond and commodity markets. On the debt market for the euro formed a downward trend - falling yield spread of German and US 10-year notes, which is negative for the euro. In the commodity market is the growth of industrial metals, which are rapidly finished the last five days. Alone is worth of copper, which has shown strong growth over the past two days. Copper is a leading indicator of economic growth in the world demand for copper has traditionally provided strong support to the euro. Now it is difficult to understand which of the two factors will have a strong influence on the course of trading.
EURUSD recommendation: flat 1,1690-1,1780.
Pound Dollar exchange rate forecast Fores pair GBP / USD today 24/09/2018
Santa Barbara named Brexit continues and investors take profits on long positions in the pound. At the end of last week hosted another summit ES on the UK release of the Union. Cancer of Germany Angela Merkel on the sidelines said that London should seriously suffer for his wrong actions. Investors took fright and began to sell the pound. On the debt market the yield of British 10-year bonds plummeted to US and German bonds. Then he came on the scene Donald Tusk, who said that the parties can still find a compromise. It is difficult to understand - whether further sales or pound the market stabilizes.
GBPUSD recommendation: flat 1,3030-1,3120.