The main event today:
15:30 MSK. US: Change UK retail trade (the previous value of 0.6% m / m forecast 0.6% m / m).
16.15 MSK. USA: The Industrial production in August (the previous value of 0.1% m / m; forecast 0.3% m / m).
The euro dollar forex forecast pair EUR / USD today 14/09/2018
The euro may be completed this week on a positive note, thanks to the weak statistics on inflation in the US in August. The consumer price index rose by 2.7% in the last month of summer, which disappointed investors who were waiting for a better result. Against this background, we have seen the growth of yield spread on 10-year German government bonds and the US, which traditionally has a strong euro support. Turkish Central Bank sharply raised interest stavku- interest rate increase by 625 basis points to a level of 24%. Such a measure would deter speculators from attacking the lyre, which is also a positive factor for the euro, as many investors feared that the Turkish problem spread to the European banking system.
EURUSD recommendation: Buy 1,1680 / 1,1650 and pro take of fit 1.1740.
Pound Dollar forecast pair GBP / USD today 14/09/2018
The Bank of England said yesterday its readiness to continue the policy of raising interest rates, to exit the inflation to 2%. Investors expect a new increase in the spring of 2019 rates, but it could be sooner, as the increase in gasoline prices, coupled with the growth of average earnings, can cause severe inflation at the end of the year. The United States on the other hand, on Thursday posted a weak release of inflation for August. Blame the strong dollar, which showed growth during the summer and caused a decline in import prices. Today I expect the continuation of the upward trend in the currency pair.
GBP / USD recommendation: Buy 1,3100 / 1,3075 and p take rofit 1.3150.
Dollar yen forex forecast USD / JPY today 09/14/2018
Early in the morning the USDJPY has updated the five-week high, and I expect a continuation of the upward trend for the day. The main factor of growth will be as still positive dynamics of equity markets. Asian markets are now showing rapid growth - the leaders of the Japanese and South Korean market. Such dynamics is positive for the pair USD / JPY, as the Japanese yen is widely used in carry trade operations and during the upward trend on the stock markets, the pair shows a similar trend. It is the growth of stock markets today will be the main factor determining the course of trading.
USDJPY recommendation: Buy 111,70 / 111,50 and take profit 112,20.
Forex forecast FreshForex