Forex weather on November 25, 2016 EUR / USD
The main event today Forex:
02.30 MSK. Japan: Consumer Price Index for October (the previous value of -0.5% y / y; the forecast -0.4% y / y).
Forex. Currency, the euro dollar forecast EUR / USD at today, November 25, 2016
Today, the currency market, traders should sell the euro against the background of "risk appetite".
Although America and did not work on Thursday due to the Thanksgiving Day stock markets show growth. High-yield cross-rates also showed a rise, it confirms the strong demand for risky assets. On the credit market differential yields of German and British 10-year government bonds is reduced, it is negative for the euro. Do not ignore the fact that this week got a portion of the negative macroeconomic data from the eurozone.
EUR / USD recommendation: Players on the euro with the pair with an American is to sell Sell 1,0570 / 1,0600 with take profit 1,0525.
Forex. The currency pair Pound Dollar forecast GBP / USD today on November 25, 2016
In sterling paired with greenbacks today in currency trading is expected to trade in the side because of the lack of important macro news. Briton in tandem with the dollar continued to ignore the growth of the US dollar index, as from the beginning of the year the pound outsider main market, and investors are not hurrying to sell sterling at current levels. Albion currency may come under pressure due to lower oil prices, but also the raw material also does not want to fall, despite the strong growth of the US currency. Cheer on the Bears opening short positions today is debt market, if there is a strong reduction in the yield spread of English and American government bonds. Traders sold the pound is still early, and buy signals are not. We are closely following the government bond market!
GBP / USD recommendation: the flat in the range 1,2400-1,2500.
Forex. Currency pair yen dollar forecast USD / JPY today November 25, 2016
The main event of the day for a pair of players the dollar, the yen, this report on inflation in Japan in October. These will probably come out at the level of the median forecasts, due to reduction of the negative dynamics of the producer price index. The chances of data output better than the consensus forecast of a minor, as consumer activity at the same level, due to the lack of growth of wages. Eighth consecutive month of deflation in Japan, and it is a negative factor for the yen. As already noted, there remains "risk appetite" of the world, which has a positive impact on the dollar yen pair quotes.
USD / JPY recommendations : a pair of investors to buy the dollar, the yen is worth Buy 113,10 / 112,60 to take profit 113,73.
Aleksandr Goryachev Company Analyst FreshForex