The US Currency Is Stable

On Friday, mixed reports from the United States were published. A number of negative reports on the US construction sector were released, according to which in February, the volume of housing starts in the US fell by 7.0% to 1.236 million, although experts expected growth to 1.290 million houses. The number of issued building permits in the US fell by 5.7% to 1.298 million, while analysts forecasted an increase to 1.320 million.

The volume of industrial production in the US rose to a mark of 1.1%, while investors expected growth to 0.3%. And the consumer sentiment index, calculated by the University of Michigan, rose to 102.0 in March. After the release of the data, the US dollar index (#DX) closed with a small plus (+0.09%). The meetings of the leading Central Banks will be the key events this week.

At the moment, the "black gold" prices are declining. Futures for the WTI crude oil are being traded near $62.15 per barrel.

Market Indicators

On Friday, there was a variety of trends in the US stock market: #SPY (-0.29%), #DIA (+0.04%), #QQQ (-0.30%).

At the moment, the 10-year US government bonds yield is at the level of 2.85-2.86%.

The news feed on 2018.03.19:

- The trade balance in the Eurozone at 12:00 (GMT+2:00).

by JustForex, 2018.03.19

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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