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May 23, 2016, EUR / USD

Forex News Today:

10:30 MSK. Germany: PMI in the manufacturing sector in May (the previous value of 51.8, forecast 52.0).

11.00 MSK. Eurozone: The index of business activity in the manufacturing sector in May (the previous value of 51.7, forecast 51.9).

Forex Forecast EUR / USD The euro dollar today 23.05.2016

The last three trading weeks in a row Euro completed in the "red zone", however, the fundamental background can not talk about the upward correction. First, the expectations the Fed guidance on accelerating economic growth in the second quarter start to make excuses: Friday release on home sales in the secondary market in April has pleased investors by strong data.

Views: 442 | Added by: mik | Date: 22.05.2016 | Comments (0)


Forecast May 23 -27:

Rate of gold XAU / USD forecast for the week

The last three weeks of trading the precious metal is under pressure, however, in my view, the downward trend has not been completed, and it will only gain momentum. Why?

Views: 471 | Added by: mik | Date: 22.05.2016 | Comments (0)



German producer price index increased in April more than expected. In annual terms, given the seasonal nature of the change, the rate was 0.1%, after 0.0% in March. Expected 0.2% rise in the April index.


Views: 510 | Added by: mik | Date: 22.05.2016 | Comments (0)



New data ComRes / ITV Brexit survey according to which 41% of the British are willing to vote for Brekzit, and 52% against it, investors perceived positively. Attention is focused on a positive release on industrial trends of the Confederation of British Industry. The indicator was -8, it was -11 in the previous month. It predicted decline of the April index to -13.

Views: 483 | Added by: mik | Date: 22.05.2016 | Comments (0)



Ten-year US and Japanese state. paper demonstrate the expansion of the yield differential, so the interest in overseas assets grows. On the other hand the pressure on the stock market increases, which facilitates the flow of capital into the Japanese currency

Views: 441 | Added by: mik | Date: 22.05.2016 | Comments (0)

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