Forex traders events today:
12:30 MSK. USA: The retail volume, taking into account the cost of fuel for December (the previous value of 5.9% y / y; the forecast of 7.2% y / y).
17:00 MSK. USA: President Donald Trump will make a speech.
Forex forecast of EUR / USD EUR / USD today 20/01/2017
Investors in the euro in tandem with the American two reasons to sell EUR / USD:
The first reason, Mario Draghi at the ECB press conference, was not too optimistic about inflation. Despite the fact that the CPI was 1.1%, the head of the ECB pointed to the risks of declining due to commodity prices correction on the basis of 2016. Mario Draghi, in his speech laid emphasis on core inflation, which was below 1%, since does not include the rise in energy prices. In America, by contrast, a completely different picture. There's core inflation last 13 months is consistently above 2%, which is completely satisfied with the Fed. Such a multidirectional dynamics will support the greenback.
The second reason, the yield of the German 10-year government bonds in the bond market is reduced to the English and American papers, it reduces the attractiveness of investments in the assets of the Old World.
EUR / USD recommendation: the Sell 1.0645 / 1.0685, and take profit 1,0565.
The pound dollar GBP / USD forex forecast for today 01/20/2017
Pound paired with bucks formed a mixed background. High growth of average earnings with the Christmas break signals the growth of consumer spending and n Allows you to calculate the output of strong data on retail sales in the UK in December. This factor, in turn, can have a positive impact on the value of sterling. On the other hand, the yield differential of government bonds United Korelevstva and the US declines, this indicates a decrease in quotations pair GBP / USD. Thus, the first currency Albion can demonstrate growth, and then decline.
GBP / USD recommendation: fl 1.2250 -1.2350.
The dollar JPY USD / JPY forex forecast today 20/01/2017
Today, during the currency trading players is to build long positions on pullbacks, based on growth in the region of 116 pieces. On the bond market the yield differential of US and Japanese 10-year government bonds demonstrates the strong expansion, which signals the presence of a large number of buyers of the dollar in the market. It should be noted yesterday's positive report on applications for benefits for unemployment in the US, indicating that the growth of employment and will help to maintain a stable trend in consumer activity. Today, more will be the speech of the new president of the United States and some traders are once again expecting Trump negative speech against a strong dollar. And it is likely that the players will not see sales of the US currency today, as all that J. Trump wanted to say, he said. In contrast,
USD / JPY recommendation: Buy 1 14.80 / 114.40 and take profit 116,00.
Results of trade on fundamental FreshForex forecast in January 19
Aleksandr Goryachev
Company Analyst FreshForex
:
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