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Weekly EUR USD Forecast 15-Oct to 19-Oct

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Stocks tumbled and the world’s most popular currency pair remained relatively stable most of the time. Weak US inflation figures already sent the US Dollar lower and the pair higher. In the euro-zone, Germany’s trade balance and industrial output beat expectations. Italy remained in the headlines but the euro managed to shrug it off more than in previous weeks. Weekly EURUSD Fundamental Forecast 15-Oct to 19-Oct 2018 - German import price: Tuesday, 6:00. Prices of imported goods and commodities affect consumer prices. After three months of the hike, in August, the imported prices were disappointed with a decline of 0.2%. There is a small increase of 0.1% on the card for September. Business balance: Tuesday, 9:00 pm The high volume of Germany’s exports is behind the continent’s surplus. This surplus has been squeezed in recent months, reaching a tough level of 12.8 billion euros in July. Now we will get the data for August. The surplus of 15 billion is estimated. German ZE...
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Multi Management & Future Solutions | Forex Report

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INTERNATIONAL CURRENCY BUZZ: Forex – Dollar Traders See the Fed’s Next Rate Hike as a Big Sell Signal Forex – GBP/USD strong bullish run pauses just ahead of 1.3300 handle Forex – EUR/USD rebounds are likely to be short-term and capped – Westpac EUR/USD: “Their first budget was expected to test EU budget responsibility amidst fears of a fiscal blowout due to the opposing stances of the rightwing League and spending friendly 5 Star. Though still a risk, their budget appears to be falling well inside EU’s 3% deficit to GDP guidance and so a potential negative for EUR is turning into a supportive factor.” “Last week Draghi downplayed downside risks for a balanced and neutral outlook while maintaining their forward guidance. In addition to flash and Germany’s IFO survey, the ECB will be closely watching for any upside pressures within coming inflation data to offset external downside risks and persisting moderation in hard activity data.” “EUR/USD rebounds on the back of Ital...
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MALAYSIA COMEX MARKET | TODAY's GOLD FORECAST

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      International Comex News: Gold costs were exchanging marginally bring down on Tuesday as the dollar edged up after a sharp decrease in the past session. Gold Futures for August conveyance on the Comex division of the New York Mercantile Exchangeis was down 0.47% to an exchanging cost of $1,219.8 every troy ounce at 1:10AM ET (05:10 GMT). Rising oil incomes are extraordinarily enhancing the standpoint for spending plan and exchange adjusts among Gulf Arab nations however will do next to no to help financial development, a quarterly Reuters survey of business analysts appeared. The benchmark Brent oil value (LCOc1) has arrived at the midpoint of about $71.60 a barrel so far this year, up from $55 a year ago. Additionally, Gulf states are set to trade more oil this year after worldwide makers concurred a month ago to support yield, mostly to make up for foreseen misfortunes underway by Iran, which faces U.S. sanctions. U.S. unrefined petroleum cost...
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Weekly Forecast GBP/USD 16-July to 20-July

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GBP/USD is currently trading around 1.32 region, continues to remain in the bearish mode. The price of the pair has fallen due to the resistance of the BREXIT plan and hike in the US Dollar. But what next week? Will the pair decline or go for a hike? Here is the Technical and Fundamental Analysis for the GBP/USD pair. The government of the UK agreed with the European Union much the same as a traditions association. The Brexit minister David Davis and Foreign Secretary Boris Johnson uplifted the news, however, the government stayed stable. For the US and the Fed, the data was favorable. With the ongoing subtle elements on a $200 billion value of goods arranged by the US against China, avails the greenback. Rightmove HPI – On Sunday, The most punctual give an account of UK house costs demonstrated an ascent of 0.4% in June, slower than in May. We may see one more month of unobtrusive development now. Mark Carney Talks – On Tuesday, The legislative leader of the Bank of Engl...
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EUR/USD Forecast For June 2018 : Losing 1.1600 On The Continuous Italian Emergency

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The EUR/USD burrows further after a turbulent Monday. Italy stays in the spotlight in as the UK and the US come back to their work areas. The specialized picture stays bearish for the combine. The EUR/USD is faltering underneath 1.1600 on Tuesday as further political improvements from Italy are anticipated. An endeavor to frame a populist government in Italy flopped throughout the end of the week as President Sergio Mattarella rejected the 5-Star/League contender for Finance Minister Paolo Savona, refering to a peril to Italians' funds. The underlying cheers by business sectors sent the EUR/USD over 1.1700 yet without much of any result. The political vulnerability and the outrage that came about will probably prompt new decisions in August or September. Italy is the third-biggest economy in the euro-zone and has an obligation to-GDP proportion of 132%. Political unsteadiness set off an auction of Italian obligations of all developments and is without a doubt harming the Euro...
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