USD Keeps Current Levels

The USD didn't change much relative to the basket of other currencies. Yesterday the US celebrated Thanksgiving, which made the trading a lot more calm. The USD kept the current levels. Today the attention of the financial market participants is focused on the Canadian economic reports. We recommend you keep an eye on the relevant data regarding the US/China trade conflict. Japanese financial markets will be closed due to a government holiday.

GBP and EUR strengthened due to the good prospects regarding the Brexit conundrum. The countries finally agreed on a project that will allow tight partnership even after UK leaves the EU. On November 25, the EU summit will be held, where both sides will sign this project.

The prices on oil keep falling. The WTI futures are testing the 53.30 USD/barrel mark.

Market Indicators

Yesterday the US stock market was closed due to a holiday. Currently, the major indices are testing the monthly minimums.

The 10-year US government bonds yield has stabilized at 3,06-3,07%.

The News Feed for 23.11.2018:
  • - an array of Business indices (EU and GER) – 10:30 (GMT+2:00) and 11:00 (GMT+2:00);
  • - reports on inflation and retail sales in Canada – 15:30 (GMT+2:00).

by JustForex, 2018.11.23

We advise you to get acquainted with the daily forecasts for the major currency pairs.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

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