Events traders today:
15:30 MSK. USA: The volume of building permits issued in March (the previous value of 2.5% m / m; the forecast -2.3% m / m).
17:30 MSK. US data on crude oil inventories from the Department of Energy in April (previous value -2.197M; -1.467M forecast).
The euro to dollar forecast EUR / USD pair today 05/16/2018
Players of the currency market the pair EUR / USD, now waiting neodnaznachnaya situation.
On the one hand, forex traders should wait for the possibility of depreciation of the EUR / USD r jnvtnrt 1,1800 against the backdrop of negative bond market, where the yield is reduced differential German and US 10-year bonds. US bonds are now trading at a yield of 3.06% per annum, it is the highest since August 2011. Now it is necessary to closely monitor the level of 3,041% - this is the extreme value is the key to desyatiletok. Closing the week above this level will allow the greenback to show price growth in the second half of May. On the other hand, the US data on the construction market can go a little worse than expected median, it can cause profit-taking on the "shorts" and the rise of the euro dollar pair to 1.1900. The construction sector is very sensitive to the mortgage market, where the rise in interest rates,
EUR / USD recommendation: flat 1,1800-1,1900.
Company analyst FreshForex