Sunday, October 22, 2017

What to do with the yen today?

What to do with the yen today?

On Tuesday
demand for the pound was supported by the positive rumors about EU negotiations and
Great Britain, and on Wednesday - British service sector. As we have noted, GBP / USD
I was able to take a few resistors and touched a 3-week high
1.4648. PMI in the service sector rose to 55.6 vs. 55.3. Fuel to the fire
vile and weak data from the US service sector, triggering a global sell-off
dollar: EUR / USD to 1.1145 and USD / JPY - to 117.04. In addition, attention
He drew the New Zealand kiwi, which responded by soaring data
labor market. imposing unemployment rate decreased to 5.3% instead of the expected
6.1%. Eventually, NZD / USD I reached the 3-week high 0.6696.


stock
the indices are still falling. Play a role rather weak data
business activity in the euro area and the United States. Create an unfavorable environment
China's endless attempts to pour liquidity into the market, which is now more
fanning panic. And rumors about the probability of bankruptcy of a major German bank
only add fuel to the fire. Meanwhile, Brent
He took advantage of the weakness of the dollar and reached 35.15 dollars. / bbl. WOlot
It traded near $ 1145 per ounce.

Continued on site GK FOREX CLUB


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