The euro is being gradually sold

April 9, 2015

The main currency pair slowly "sags" for the fourth day in a row, returning to the levels of the beginning of the month.
On the Forex market everything is gradually returning to their former positions. The EUR/USD is gradually reducing, the weak US statistics are already priced in and investors are beginning to re-evaluate the published European statistical data.
As shown by statistics, the volume of industrial orders in Germany in February fell by 0.9% against the forecast of growth by 1.5%. In January of this year, the indicator dipped by 2.6% (revised value), which does not particularly change the overall canvas. At the same time it was reported that retail sales in the euro zone in February fell by 0.2% m/m, after rising in January by 0.9%.
Today's published statistical data is relatively smooth. Industrial production in Germany in February strengthened by 0.2% m/m after expecting growth of 0.1% m/m.
On Thursday, there will be little statistics, and the most interesting reports are scheduled for next week. Overall, the EUR/USD pair is able to descend into the area of 1.0720-1.0750 where is should stabilize in anticipation of new indicators.
RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

October 26, 2016
Greenback is powered by Fed rate expectations
On Wednesday, the US dollar was backed by hopes that American interest rates will edge up by the year-end. It stood flat during Asia trade, just below a nine-month high reached overnight, while the Australian dollar earned as inflation data doused the probability of a rate drop there...
October 26, 2016
Rising rate hike odds push Dollar
The Greenback extended its rally to a nine-month high against other major peers against the rising bets of a FED tightening in December. As rumors are circling the next US leader saying that they will shift the stimulus burden from FED via changes in the fiscal policy...
October 26, 2016
Gold futures edged higher on Tuesday
The XAU/USD pair traded flat on Tuesday. The price remained between 1270 and 1260 dollars per ounce during the day. Gold prices struggled to find support around 1260. Sellers failed to break the level and the yellow metal bounced upwards and recovered to the upper boundary of the range...

HYCM Rating Rating
Orbex Rating
Grand Capital Rating
FXTM Rating
Tickmill Rating

OptionBit Rating
Porter Finance Rating
OptionRally Rating
Banc De Binary Rating
OptionFair Rating
TopOption Rating