Free no deposit Bonus Forex
Monday, 23.09.2019, 12:54
Welcome Guest | RSS
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest

Total online: 1
Guests: 1
Users: 0
Main » 2019 » August » 23 » Forex forecast and recommendations today 23.08.2019: EUR / USD - FOMC Statement chapter in Jackson Hole, GBP / USD - negotiations BREXIT
Forex forecast and recommendations today 23.08.2019: EUR / USD - FOMC Statement chapter in Jackson Hole, GBP / USD - negotiations BREXIT


Events today:

17:00 MSK. US: Federal Reserve Board of Governors Chairman Jerome Powell will deliver a speech.

Forex forecast EURUSD pair on the course today 23/08/2019

It was noted in the report published on the eve of the last meeting of the ECB, that the regulator is considering the possibility of lower interest rates and QE (buying bonds in the market). For the euro is a negative signal, but now the market can ignore this information. Why? Tonight will be the speech of the FOMC's economic symposium in Jackson Hole, where D. Powell may be noted the need to continue the cycle of lower interest rates in the United States against the backdrop of the high risks of a trade war against the United States and China. Moreover, D. Trump almost every day berates the Fed for excessively high interest rates. Powell is now under serious pressure from the White House. In the history of every US president has always scolded the head of the Fed.

EURUSD recommendation: Buy 1.1060 / 1.1040, and take profit 1.1100





Forex rate forecast pair GBPUSD today 23/08/2019

The British pound last two weeks is one of the market leaders. Reduced geopolitical tensions in relation to the upcoming release of Britain from the ES It facilitates the flow of capital into the UK assets. British Prime Minister Boris Johnson has successfully negotiated for BREXIT with the leaders of France and Germany, who said that all sides of the process are willing to reach a compromise. In the debt market, the yield on 10-year UK government bonds is increasing in relation to their counterparts in the United States and Germany, which will provide good support for the pound.

GBPUSD recommendation: Buy 1.2210 / 1.2190, and take profit 1.2265




Forex rate forecast for USDJPY pair for today 23/08/2019

Today, there are both good and bad news for the currency pair. Let's start with the good. The representatives of the ECB and Fed speakers in the past two trading days have confirmed market expectations of interest rate cuts in September. On the eve of the Central Bank has lowered interest rates to 5.5% in Indonesia. This summer, interest rates were also reduced in New Zealand, Thailand, India, Brazil, Turkey, Russia, South Africa, South Korea and Mexico. Thus, we can talk about the cycle of interest rate cuts around the world. This is positive for the equity markets and the USDJPY, as the pair is strongly correlated with the stock markets. The bad news - this decrease yield spread US and Japanese government bonds. This factor can cause the US currency sales.

USDJPY recommendation: flat 106.20 -106.90



Do not waste your money on forex, download desktop trading robot and profit





Views: 16 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
«  August 2019  »
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright © 2019-2012
    Website builderuCoz