Forex.ee: Economic Daily Digest

Daily Digest of economic Forex.ee

Watch for major economic
news with us

Friday,
October 16th

AUD/USD It is trading below after representatives of the Reserve
Bank of Australia pointed out in his speech at a lackluster expectations
about Chinese growth and emerging economies. The pair reached the level 0.7363
entering yesterday's trading, then fell to the current level of 0.7291. Support and resistance levels are
at levels 0.7261 and 0.7433.

EUR/USD It fell sharply after the announcement of the value of the American benchmark index
Consumer prices, which, though it was higher than expected, it is still
It was very neobodryayuschim. The slow pace of inflation in the United States added
skepticism about the imminent raising of interest rates in the United States. Later
Today, the euro zone was to publish an index of consumer prices. Relevant data from
USA Today is not expected, and the support and resistance levels for a given
instrument are at the levels 1.1250 and 1.1497.

USD/CAD trading at 1.2867, confidently struck a strong support level at
around 1.3010. Later today, the Canadian Bureau of Statistics will publish
the value of the volume of foreign investment in Canadian securities, as well as the volume
Sales in the manufacturing sector, which will affect the current price movement. levels
Support and resistance is located at around 1.2731 and 1.3010.

NZD/USD It was slightly lower entrance of the Asian session, following the changes in value
AUD. The value of New Zealand's consumer price index has exceeded
experts' expectations at around 0.3% against the forecast of 0.2%, which is underpinned New Zealand
dollar. The pair was likely to find support at 0.6785 area, while as
resistance will be met at the level of 0.6967.

The best conditions for
starting at STP only in Forex.ee! Sign up account is now

and feel
the difference with the first deal!

your Europe ECN-broker,

Forex.ee.