myforexsystem.info

Forex binary option trade forex binary option

Tag: EUR

EUR/USD – Euro Dips Under 1.19 Despite Solid German Numbers

EUR/USD has posted losses in the Tuesday session. Currently, the pair is trading at 1.1884, down 0.33% on the day. On the release front, Germany posted strong numbers, as Industrial Production and Trade Balance both beat their estimates. The US will release JOLTS Jobs Openings and Federal Reserve Chair Jerome Powell will speak at an event […]

Italian Politics Weighs on the Euro

Tuesday May 8: Five things the markets are talking about Capital markets are back to full capacity after yesterday’s May Day celebrations in parts of Europe. Euro stocks are drifting lower despite the broad advances in Asia overnight, while crude prices come under some pressure ahead of President Trump’s decision on the Iran nuclear deal […]

Markets Caught Between Opposing Forces

Markets Caught Between Opposing Forces Equity Markets US equities finished mostly higher but of their tops as energy shares started to take profits following a Presidential Tweet promising to announce his decision on the Iranian nuclear deal Tuesday at 14:00 EST. WTI retreated from 3-year highs, and equities appear to have echoed that weakness. Despite […]

Trump to Announce Iran Decision Tuesday Afternoon

Trump faces a May 12 deadline to either continue suspending sanctions targeting Iran’s oil exports or snap the penalties back into place. Refusing to grant the sanctions relief would imperil the nuclear agreement and potentially put the United States on a diplomatic collision course with some of its closest allies and trade partners. Under the […]

Vladimir Putin Sworn in For President for 6 More Years

Vladimir Putin was sworn in for another six years as Russian president on Monday, buoyed by popular support but weighed down too by a costly confrontation with the West, a fragile economy and uncertainty about what happens when his term ends. Standing in the ornately-decorated Andreyevsky Hall of the Grand Kremlin Palace, with his hand […]

Crucial Week for NAFTA Begins

Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as ministers from Canada, the United States, and Mexico seek to resolve an impasse in key areas before elections in Mexico and the United States complicate the process. Discussions in Washington will center on rules of origin that govern what percentage of […]

Oil Rises on Venezuela and Iran Concerns

Oil prices rose to their highest levels since late-2014 on Monday, boosted by fresh troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. Brent crude oil futures were at $75.78 a barrel at 1236 GMT, up 91 cents from their last close. Earlier in […]

DAX Improves as US Stock Markets End Week on High Note

The DAX index has gained ground in the Monday session. Currently, the DAX is at 12,878 points, up 0.45% on the day. On the release front, eurozone data disappointed. Germany Factory Orders declined 0.9%, missing the estimate of a 0.5% gain. Eurozone Retail PMI dropped to 48.6, marking the first contraction since March 2017. As well, Eurozone Sentix […]

EUR/USD – Euro Under Pressure as German Factory Orders Decline

EUR/USD has started the week with losses, continuing the downward trend seen on Friday. In the Monday session, the pair is trading at 1.1926, down 0.30% on the day. On the release front, eurozone data disappointed. Germany Factory Orders declined 0.9%, missing the estimate of a 0.5% gain. Eurozone Retail PMI dropped to 48.6, marking the […]

U.S Dollar Bulls Take Firm Control

Monday May 7: Five things the markets are talking about The U.S dollar remains in the ‘black’ ahead of the open stateside, reversing most of its earlier losses in the overnight session. Euro stocks are trading sideways following a muted Asian session, as oil extends its recent gains to new heights. Note: In Europe, trading […]