Today US dollar is growing against its main competitors. This strengthening is of technical nature. Prices are being corrected after a week of growth.
During yesterday’s trading session the WTI price reached the key resistance level of 45.50. Oil prices have been growing for 6 trading days, supported by the USA Administration report of lowering of the production, which had neutralized some concerns upon the global oversupply issue.
During today’s trading gold continues to slightly fall. The nearest support level is at 1241.10.
The fall of the Japanese yen resulted in the growth of the pair, as the dollar is weakening due to the decrease of the investors’ interest and the negative macroeconomical statistics. This week the poor data on Durable Goods Orders, Home Price Indices and the employment market were published in…
Within the previous week the stock of Pfizer dropped by 1.26%. S&P500 went down by 0.68% within the same period of time.
During the week the pair GBP/USD has been actively growing and by now has reached the level of 1.3028 (the pound gained about 2.2%). Market optimism was mainly connected with hints at possible tightening of the monetary policy by the Bank of England. The head of the regulator Mark Carney…
In the last week the stock of Netflix dropped by 3.10%. S&P500 index went down by 0.68% during the same period.
The Euro is preparing to demonstrate the best quarterly result for the last 7 years, and the markets are experiencing a nerve storm
On Thursday the EUR/USD pair continued to grow despite the FRS comments that there will be no tightening of the monetary policy in the nearest future.