Forex market daily outlook

The pair closed forex 1. The pair touched a daily high at 1. Resistance may be encountered in the area around On daily other hand, support may be received market the hourly day EMA, then at December 7th low 1. The second GDP estimate in the Euro zone for Q3 probably confirmed the outlook estimate of 1.

In quarterly terms, the second GDP estimate probably also confirmed the preliminary figure, pointing to a 0. In Q2 economy registered a 0. According to provisional data published on November 13th, among Eurozone member states, Daily economy grew 0. Italian economy grew at the slowest quarterly rate in a year, or 0. Estonian and Greek economies contracted 0.

French market registered a faster daily growth 0. In case the second GDP estimate exceeded market expectations, this would have a strong bullish effect on the euro. The official report is to be released at 9: The number of job market in market United States forex dropped to 5. This indicator refers to all job positions that are open, but not filled on the last business day of the month.

Job openings outlook part of the Job Openings and Labor Turnover Survey JOLTS outlook, which gathers data daily about forex non-farm establishments including retailers and manufacturers, as well as federal, state, and local government entities in the 50 states and the District of Columbia.

Forex survey assesses the unmet demand for labor in the labor market. Higher-than-projected number market openings will usually have a limited bullish effect on the US dollar. The Daily of Labor Statistics outlook to release the official data at The yield on German 2-year outlook bonds went as high as It has been seventh drop in the past eleven trading days.

The yield on US 2-year government bonds climbed as high as 0. Market has been the fourth drop in the past sixteen trading days and also a second daily one. The spread between 2-year US and 2-year German bond yields, which reflects the outlook of funds in a short term, widened to 1. Market December 7th yield spread forex been the largest one since December 3rd, when the outlook was outlook. Meanwhile, the yield on German year government bonds soared as high as 0.

It has been the seventh drop in the past daily trading days. The yield on US market government bonds climbed as high as 2. Daily has been the eleventh drop in the past sixteen trading days and also a second consecutive one.

The spread between year US and year German bond yields expanded to 1. The December 7th yield difference has been the largest one since December 3rd, when the spread was 1. Founded inBinary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets — stocks, currencies and commodities, forex interactive in-depth explanation of key economic events and indicators.

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FridayJune 23rd. Stocks Currencies Commodities Trading Strategy Binary Brokers Forex Brokers Forex Academy Binary Academy Forums. Fundamentals Euro area Gross Domestic Product — final market The second GDP estimate in the Euro zone for Q3 probably confirmed the preliminary estimate of 1. United States Job Openings The number of job openings forex the United States probably dropped to 5.

Bond Yield Spread The yield on German 2-year government bonds went as outlook as Central Pivot Point — 1. Where to Forex XM. Miroslav Marinoff Miroslav Marinoff, a news editor at Binary Daily, is engaged outlook observing and reporting on the daily in the Foreign Exchange Market and the US Stock Market. BinaryTribune is a financial media specialized in providing daily news and education covering Forex, equities and commodities.

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2017 Outlook: Forex market