The main event today:
15:30 MSK. USA: Change in orders for durable goods in May (the previous value of -1.7% m / m; the forecast -0.9% m / m).
17:30 MSK. US data on crude oil inventories from the Department of Energy in June (the previous value -5.914M; -2.481M forecast).
Forex forecast the euro US dollar EUR / USD today 06/27/2018
The euro is now a good chance to test the area of 1.1750. First, the United States is not encouraging investors positive macroeconomic statistics. Posted on Tuesday, the index of consumer confidence from the Conference Board at the end of June fell to the lowest level in four months. Such dynamics indicates a reduction in consumer spending, which is a negative factor for inflation and may cause the Fed more gradually raise interest rates. If last week the likelihood of Fed rate increase market estimated at 79% for the meetings of 26 September and 19 December and 48%, now futures in Chicago shows 75% and 44%. Thus, the market does not expect rate increases in December. Dollar is a bad signal, and good for the euro! Secondly,
EUR / USD recommendation: Buy 1,1655 / 1,1635 and ta ! Ke profit 1.1750.
Pound Dollar forecast pair GBP / USD today 27/06/2018
Two reasons to buy sterling today. Differential yields on 10-year UK government bonds and the US shows growth, which is positive for the British currency. We are seeing strong growth of oil prices, which is also positive for the pound, because of the correlation GBP / USD and Brent. Investors are now focused on two factors. First, the American Petroleum Institute (API) has reported on the reduction of oil reserves in the US stores on 9.23 million. Barrels., Which is the highest level in the last 20 months! The decrease in oil supply in the market traditionally has a positive impact on cost. Secondly, J. Trump said Tuesday that the United States will seriously punish any companies that will buy Iranian oil after November 4, 2018. Iran currently exports 2 million. Barrels. oil per day after November 4, and this level can be reduced by 50%. Withdrawal from the market 1 million. Barrels. will contribute to the growth of oil prices.
GBP / USD recommendation: Buy 1,3223 / 1, 3200 , and take profit 1,3300.
Dollar yen forecast pair USD / JPY today 06/27/2018
Today, the players on the USD / JPY during trading should not expect a moderate growth rate of the Dollar Yen against the demand for risky assets. This currency pair is actively used by speculators in the carry trade operations, and when we observe the growth of stock markets, oil, copper, the "bulls" are beginning to buy this currency pair. Now we have just such a trend in the markets. The US stock market is that it can not dial a high speed, since the administration of the White House in every way prevents this event (duties for China and Europe), but after two weeks of the start of the new season of corporate reporting will be announced and investors are waiting for positive data that will allow the S & P500 to marry level beyond 2800 n.
USD / JPY recommendation: Buy 109,76 / 109,50 and t ake profit 110,25.
Company analyst FreshForex