Forex. Weather July 27, 2016
The main events for today:
11:30 MSK. United Kingdom: Change in GDP for the 2nd quarter (the previous value of 0.4% q / q, the forecast of 0.5% q / q).
15.30 MSK. USA: Change in orders for durable goods in June (the previous value of -2.2% m / m; the forecast -1.1% m / m).
21.00 MSK. US: FOMC decision on the basic interest rate in July (previous value of <0.50%, the forecast <0.50%).
Forex. The forecast of the euro dollar EUR / USD today 07/27/2016
Since the beginning of trading in the US, will release on orders for durable goods, and maybe players will appreciate its positive.
In June, a strong demand for real estate market indicates a growth in consumer activity, against this background, the depreciation of the euro is likely. The main event for investors today, the announcement of the US Fed meeting.Dynamics of 2-year Treasury note, which is closely correlated with the FED discount rate, points out that today, any changes to expect is not necessary. While accelerating the pace of economic growth can count on a moderately positive comments Fed leadership. For example, in June of new buildings sales were up 25.4% y / y, which is a strong indicator of business activity in the United States. Fed may declare that a rate hike will take place in 2016, in spite of the Brexit, and that's enough for the demand for greenbacks. Why? Because other world central banks are thinking about mitigation of monetary policy in the current year due to low inflation expectations and the same Brexit.
EUR / USD recommendation today: the Euro Players are paired with an American in the foreign exchange market is to sell a couple Sell on the growth of quotations to 1.1010 / 1.1040 and take profit at the level of 1.0950.
Forex. Forecast exchange rate pound dollar GBP / USD today 27/07/2016
In the first half of the forex market trading, the British can support the oil market correction. It is today the only positive factor for sterling. The rest is only negative, and this backdrop Player pound short-term growth should be used to build short positions. America yesterday again pleased with the participants of positive macroeconomic statistics of the market on consumer confidence and new home sales. Thus, in the United States robust economic growth, it has traditionally supported US currency. In this context, it is expanding the differential in yield of US and UK 10-year government bonds it reduces the attractiveness of investments in the United Kingdom assets.
GBP / USD Forecast for today: Players on the sterling with bucks today in forex trading is to sell the pair GBP / USD on the Sell growth of quotations to 1.3175 / 1.3215 and take profit at the level of 1.3085.
Forex. The forecast of the dollar, the yen USD / JPY today 07/27/2016
Today, traders on the dollar with the yen formed a mixed background. As noted earlier, the Fed will probably moderately positive assessment of the prospects for the US economy that will boost Treasury yields and support the currency States. Although, for the second consecutive trading day the index increases fear VIX S & P500, which suggests a possible correction in the global equity markets, which will support the Japanese currency as a funding currency in the carry trade №1 operations.
USD / JPY recommendations for today : Traders are waiting for the pair dollar yen flat is now in the range of 104.10 -105.50.
Analyst « FreshForex »