17:30 MSK. US data on crude oil inventories from the Department of Energy in August
The euro exchange rate against the dollar forex forecast for EURUSD today 08/28/2019
Euro clamped in the range 1.1050 -1.1150. Who can see no reason to exit the sideways trend. Week though began with violent comments of US President about the prospects of trade negotiations with China, but then information noise left side. On the debt market is relatively quiet - the yield spread of 10-Feeds German government bonds and US shows slight fluctuations. Tuesday night played William Dudley, who had previously managed by the Reserve Bank in New York and in his message he unflattering comments about J. Trump and urged colleagues not to succumb to his provocations. Dudley has suggested that if the Federal Reserve in the fall will not cut interest rates in November 2020 Trump suffer defeat in the presidential election. In general, it is a logical assumption. However, the futures market in Chicago, where there is an interesting tool, indicating the likelihood of the Fed changes interest rates, still indicates a decrease in interest rates on September 18 and 30 October. Speech Dudley did not change the situation, and his appeals were not heard.
EURUSD recommendation: flat 1.105 0 -1.1140
Pound to dollar forex forecast GBPUSD today 08/28/2019
Investors continue to increase the purchase of a pound. The euphoria on the market rolls over. If in the first half of the summer among investors reigned pessimism, and all in a hurry to get rid of pounds, but now the mood changed dramatically. What is the reason? In B. Johnson. This is a British J. Trump, who at first says one thing and then another. If in the first half of the summer Johnson vehemently criticized ES and shouting at each corner that Britain should be more likely to withdraw from the European Union even without the agreements. Now his opinion on this issue has changed, and he longs for the contract with ES Brussels is not against to make a deal with Britain and ready for new talks. Now investors buy the pound on the positive expectations that the new negotiations will be successful. In case of a negative outcome of the negotiations we will have a powerful wave of sell-pound,
GBPUSD recommendation: Buy 1.2257 / 1.2236, and take profit 1.2301
Dollar against the yen forex forecast USDJPY today 28/08/2019
The bidding is still dependent on investor sentiment in the stock markets, as the USDJPY pair has a strong correlation with the equity markets. Now on the stock markets is no single trend, and it's bad. On the one hand, the European and American markets show a slight decline, as there is no new news on trade negotiations between Washington and Beijing. On the other hand, investors are starting to buy assets in emerging markets, which is a positive factor. Typically, the first emerging markets begin to move, then pulled up the European and American markets. The whole question of time- movement in the US stock market will begin today or tomorrow. Does the EU today, we can expect growth of quotations growth USDJPY above 106.00 area prices. if tomorrow, today, we once again see the flat. Now we tend to the development of the second scenario.
USDJPY recommendation: flat 105.50 - 106.30