The main event today:
15.00 MSK. Germany: Harmonized consumer price index for June (the previous value of 2.2% y / y, forecast 2.1% y / y).
15:30 MSK. US GDP change volume per quarter (previous value -2.2% q / q; forecast 2.2% q / q).
The euro dollar forecast EUR / USD pair today 09/28/2018
At yesterday's auction for euro ignored the positive news from the bond and the oil market. Such rasskorelyatsii periodically arise in the market and are temporary in nature, then the correlation is observed again. Against this background, the traders for trading should not expect growth in the euro. The yield on German 10-year bonds rising in relation to their counterparts in the US and the UK, which is positive for the euro. We can not ignore the rapid growth of the oil, which will put pressure on the dollar, as the raw materials listed in US currency. Inventories at US stores fell by 9.89 million. Bbl., And oil consumption has increased to the level of 17.816 million. Barrels / day. Brent crude oil today may test the area of $ 78 / barrel, the euro may have additional support.
EUR / USD recommendation: Buy 1,1550 / 1,1530 and take profit 1.1630.
Pound Dollar forecast pair GBP / USD today 06/28/2018
Players in the GBP / USD pair today waiting for a mixed background. On the one hand, it is possible devaluation of the British against the background of the negative dynamics of the credit markets: the yield of British 10-year bonds is reduced in relation to the German Bundes and US Treasuries. On the other hand, the rapid rise in prices naneft can support the sterling. Published on the eve of the US Department of Energy report cheered oil "bulls". Inventories in warehouses decreased by 9.89 million. Barrels, and oil production for three weeks in a row at the same level of 10.90 mln. Bbl / day. Despite the strong rise in prices, US energy companies can not increase production because experiencing problems in logistics. For the oil market is a positive signal! In this regard, today it is possible to expect growth of quotations of Brent to $ 78 / barrel.
GBP / USD recommendation: fle t 1,3050-1,3150.
Dollar yen forecast pair USD / JPY today 06/28/2018
Forex traders on the USD / JPY pair trading today on the pho rivers should not expect moderate growth against the backdrop of the demand for risky assets. Investors returned to the stock markets, after sales in the first half of the week. J. Trump has softened its position on the Chinese investors and did not limit their investment in the technology sector. The Chinese Shanghai Composite index adds 0.25% today. The US S & P500 index is now in the field of the minimum value over the past month, which could reassure investors to build long positions. Current levels are attractive for medium-term investors who are waiting for the start of the corporate earnings season on 12 July.
USD / JPY recommendation: Buy 110,18 / 109,90 and ta ! Ke profit 110.62.
Company analyst FreshForex