The euro doesn’t get tired of updating the peaks

May 7, 2015

Yesterday the euro/dollar "took advantage" of weak statistics from ADP in the US and moved up to new highs.
The main currency pair in recent weeks shows very interesting movement. This is not slack movement, but energetic jumps.
It became known yesterday that retail sales in the euro zone fell in March by 0.8% m/m against the forecast of a reduction of 0.7%. The March fall was crossed by the unsteady recovery in the February indicator. The population continues to "hold on to" the money, and it's not a good signal for the economic system.
News from Greece can somewhat limit the activity of buyers the euro/dollar. So, at the moment there is talk of "constructive negotiations", and Athens have until July to show the Old World a complete plan of reforms and receive the last tranche of the bailout package. For now there are only discussions, arguments and negotiations - nothing real was shown and probably will not be shown. Only before the onset of the "X" hour will they say that everything is agreed, Greece will once again promise to cut spending, and this issue will be forgotten for a while.
Statistics from the United States was once again negative. According to ADP the number of jobs in the private sector in April grew by 169 thousand against the rise in March by 189 thousand. The forecast assumed that the indicator will increase by 200 thousand.
But the excitement and doubt right now will recede into the background, as on Friday market data on US labour will come out, and it will be more than informative for the market. According to expectations, the unemployment rate will fall to 5.4%.
 
RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

September 29, 2016
Will Brexit be more painful for Europe rather than for the UK?
The risk is increasing on the market ahead OPEC meeting in Algiers and Yellen testimonial, which will happen before the House panel. FED-fueled rally on gold starts to fizzle out as the December futures keep on a losing streak for a second day, finally dipping by 0.12% to 1,328.75...
September 28, 2016
US presidential debate moves unwind
The market’s initial response to the US presidential election debate overnight was a clear sigh of relief. The Mexican Peso, which had hit a record low against the dollar just the day before, surged higher, as too did the Canadian dollar...
September 27, 2016
Markets start last week of September on the back foot
It hasn't been a great start for global equities in this last week of September, with European indices dropping between 1.0 to 1.5 per cent during Monday’s morning session, mirroring a similar performance in Chinese and Japanese markets overnight...

Fort Financial Services Rating
Tickmill Rating
Larson&Holz IT Ltd Rating
HYCM Rating
Vantage FX Rating
OANDA Rating

Grand Option Rating
TopOption Rating
Binary Brokerz Rating
OptionRally Rating
Porter Finance Rating
24option Rating