EUR/USD is holding near 1.18 for now

14 January, 2015

Yesterday world financial markets closed mixed. In Europe, the British FTSE 100 grew 0.63 percent up to 6,542.20 points, the German DAX advanced 1.63 percent up to 9,941 points, and the French CAC 40 gained 1.47 percent making 4,290.28 points.

On the Russian equity market, the MICEX index grew 1.31 percent up to 1,533.09 points whereas the RTS index fell 2.48 percent down to 737.88 points.

In the USA, as corporate reports started to be released, the Dow Jones Industrial Average shed 0.15 percent closing at 17,613.68 points, the Standard & Poor's 500 dropped 0.26 percent down to 2,023.03 points, and the NASDAQ Composite fell 0.07 percent down to 4,661.50 points.

Yesterday US budget surplus data for December 2014 were also published. The budget deficit for the whole of 2014 turned out to be smallest since 2007.

The NYMEX price of WTI oil futures for February went down by $0.18 and reached $45.89 a barrel. The ICE price of February futures for oil of mark Brent dropped by $0.84 and got down to $46.59 a barrel.

On the Forex market, EUR/USD is holding near 1.18 for now. At this point, it’s early to speak about peak formation as the pair may start going down any moment.  

Anna Gorenkova, NordFX Analyst


Source link  
Investing in Gold: Endurance Test

Nathan Rothschild from the famous banking dynasty once said that gold was not understood. Attempts to sum up the opinions of the most respected representatives of the financial community only prove Rothschild right - all discussions about gold turn into a real battle...

How to Survive Global Financial Apocalypse

Can the latest events in the world be viewed as precursors of an economic collapse on a global scale? Currencies soar and crash, there’re bearish forecasts for the markets of almost all large countries, falling oil prices and plunging shares of major companies. Many respectable analysts believe that this is just the beginning and the worst of it will be staggering...

Euro Reached Its Target Level

Last Friday European markets closed in the red whereas Russian and US markets posted a rise...


FTSE 100 grew 0.23 percent to 6,949.63 points

Yesterday the world’s financial markets closed mainly on the decline. In Europe, the FTSE 100 grew 0.23 percent to 6,949.63 points, the DAX dropped 1.05 percent down to 11,351.46 points, and the CAC 40 fell 0.26 percent to 4,961.86 points...

EUR/USD Is Correcting

Yesterday world financial markets posted mixed results again. In Europe, the FTSE 100 fell 0.67 percent to 6,886.95 points...

Russian Equity Gains Due to Oil Price Rise Over Holidays

Yesterday world financial markets closed mixed. European indices posted a drop – Britain’s FTSE 100 fell 0.84 percent to 6,927.58 points...


Euro Started to Go Up

Yesterday world financial markets closed predominantly with a drop. As such in Europe, the British FTSE 100 fell 1.2...

Euro Continues to Fall

Last Friday the world’s financial markets closed with a drop for the most part. Some European...

EUR/USD on the Decline

Yesterday world financial markets posted mixed results again. In Europe as such...

  


Share: