Results of the last trading day:
April 19, the currency of the Old World closed trading lower. The euro fell against the US dollar from 1.2400 to 1.2345. Minimum fixed at 1.2329. Greenbacks backed bond market, where the yield of the US 10-year bonds rose from 2.86% to reach 2.934%.
In addition to the overall strengthening of the US dollar pressure on the euro has had a falling exchange rate of the British pound after the Bank of England's performances Carney. Carney. He said that due to conflicting fundamental data does not want to be tied to the exact date of the next rate hike. Through the cross EUR / GBP single currency was supported, but as the one-way pair, sterling will pull the euro down.
Published US statistics:
- The index of leading indicators in the US for March was 0.3% (forecast was 0.3%, previous 0.6%).
- The number of applications for unemployment benefits in the US amounted to 232 th. (Forecast was 230K., The previous value 233 thousand).
- index of business activity in the Philadelphia 23.2 (forecast was 20.8, previous 22.3)
Planned statistics (GMT +3):
- 14:30 to give a speech Bundesbank President Weidmann.
- 15:30 Canada will present the consumer price index and declare a change of retail sales for March.
- 16:40 to give a speech FOMC member Charles Evans.
- 17:00 euro zone will release the indicator of consumer confidence for April.
- 18:15 to give a speech of FOMC members John Williams.
- 20:00 US will Baker Hughes report on the number of active drilling rigs for oil production.
Fig. 1 euro / dollar, hour period. Data source: TradingView
At the auction in the United States bears broke through trend line at 1.2360. 1.24 price dropped to 1.2329. The following did not. The fall of the sharp turn upward cross-euro / pound. The cause of the weakening currency of Britain wrote above.
The price of EUR / USD is consolidating near the 1.2340 level for fifteen hours. Given that the American in Asian trading to all currencies in the black, with EUR / USD is ready to update the yesterday's low. By the time I update the minimum falls on the American session. important events are planned for Europe. On Friday, the goal 1.2305, ideally - 1.2290.
Forecast EUR / USD today Vladislav Antonov Alpari