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As expected, the pound against the dollar during the trading session on Tuesday was unable to hold above 1.30. As a result, the GBPUSD has successfully tested this support, updating the multi-week low at 1.2923. The reason for the sales of the British currency in addition to the continuing uncertainty Brexit made weak statistics on activity in the UK services. According to published reports, PMI Markit / CIPS UK Services PMI in the past month fell to 50.1, a little before reaching the critical level of 50.0. The value in January was the lowest in two and a half years and the second weak from December 2012. 




Views: 263 | Added by: mik | Date: 06.02.2019 | Comments (0)


Results of the last trading day EURUSD:

Tuesday, 5 February in the euro auction ended lower. The fall of EURUSD pair has resumed with the opening of the European session and the efforts on the US. By the close of trading in Europe, the euro fell against the dollar to 1.1401, despite the publication of weaker than expected data on activity in the services sector in the United States.

"Briton" weakened the dollar to 1.2925 on weak data on business activity in the UK services sector, as well as the overall strengthening of the US currency.

Views: 246 | Added by: mik | Date: 06.02.2019 | Comments (0)


The euro dollar EUR / USD forecast for today 06/02/2019

In the euro zone every quarter issued very hot. And now, in spite of the winter cold in the Old World, we are seeing tensions in French society, which has a negative impact on the services sector of the second economy of the currency bloc - an indicator Services PMI for two consecutive months is below the key level of 50%. France's largest trade union "General Confederation of Labor" has announced the Tuesday of the general strike. Just recently, Europe was shaken by the news from Italy and just the situation has stabilized, as in the recent negative portion comes from France. Investors are now trying to avoid investments in euros and prefer to open positions on other assets. In the credit market is experiencing a lack of clear trend that also can not provide support for the euro.

EURUSD recommendation: flat 1.1385 -1.1460



Views: 272 | Added by: mik | Date: 06.02.2019 | Comments (0)

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