15.00 MSK. Germany: Harmonized consumer price index for June.
The euro \ usd forex forecast for EURUSD today 06/27/2019
At present, formed a mixed background. On the one hand, we can expect growth of quotations in the region of 1.1400 against the backdrop of positive news on US trade talks and China. S. Mnuchin announced the readiness of both countries to conclude a trade agreement in the near future. Against this background, we can expect capital inflows to emerging markets, which is negative for the US dollar. On the other hand, in the second half of the day we get weak data on inflation in Germany in June, which may increase the rumors on the subject of the next QE from the Central Bank of the eurozone, as Mario Draghi last week talked about the low inflation and the need for incentives. For the euro is a negative signal. Which ultimately outweigh today: negative for the dollar and negative for the euro? Now hard to say. In this regard, today trade? In my opinion,
EUR / USD recommendation: flat 1.1325 -1.1410
Pound dollar forex forecast GBPUSD today 06/27/2019
The head of the Bank of England does not see the need to cut interest rates because BREXIT. Mark Carney says instability in the real estate market, but other sectors of the economy are balanced and there is no need for additional mitigation of monetary policy. For the British currency is moderately positive signal. Additional support for the pound today can provide the oil market, as between GBPUSD and BRENT there is a strong correlation. Saving geopolitical tensions between the US and Iran has strongly supported the oil market. Tehran announced readiness to increase uranium enrichment tomorrow. Aayatolla Ali Khamenei called the American White House is "mentally retarded", J. Trump, in turn, promises to destroy Iran if it attacks anything "American". Against this background, we expect growth BRENT quotations to the level of 66.
GBP / USD recommendation: Buy 1.2672 / 1.2655, and take profit 1.2722
Dollar yen forex forecast USDJPY today 27/06/2019
US Treasury Secretary Steven Mnuchin said that the trade agreement between Washington and Beijing is ready for 90%. This is positive news for the stock markets and a pair USDJPY, which has a strong correlation with the index # SP500. Tomorrow kicks off in Tokyo G-20 summit, where J. Trump and Xi may announce progress in the trade negotiations. The conclusion of a trade transaction is beneficial to both parties. Donald Trump, November 3, 2020 presidential elections, and he needs a good growth of both the economy and the stock market. In Xi there is a decrease in business activity in promeshennom sector, which has a negative impact on China's GDP.
USD / JPY recommendation: Buy 107.85 / 107.70 and take profit 108.28