Stay 
Trading Conditions
Products
Tools
EUR / USD, GBP / USD
On Thursday, the euro fell by 13 points while the British pound grew by 55 points.
The base producer prices in the USA increased by 0.1% in June.
Today, the main event will be the US data on retail sales and industrial production for June.
In the afternoon, the eurozone's trade balance for May will come out with a forecast of 20.3 billion euros against 19.6 billion euros in April.
We are waiting for the decline of the euro to the range of 1.1260-1.1300 and of the pound sterling to the range of 1.2810 / 30.
USD/JPY
The American stock market, with its renewed vigor, restored growth and set a new historical record. Yesterday, the S&P 500 rose by 0.19%. Today, the Nikkei 225 added 0.15%. Japanese growth also has its own base: the maker of Rohm chips is close to achieving a growth in profit of 45% for the year and Sony has bypassed Honda Motor by market capitalization. Automakers themselves are modernizing production. Large businesses according to Nikkei, pawned the value of the dollar at 108 yen whereas the average price since the beginning of the year was at 111 yen. Obviously, it is for this reason that the global financial plans of large corporations and the Bank of Japan did not let the yen go below the 108 mark for the month of April and June. Industrial production for May, however, in the revised estimates showed a decrease of 3.6% against the previous estimate of 3.3%. On an annual basis, Industrial production was at 6.5% versus 6.8% year-on-year. The revised data had no effect on the yen and we are looking forward to further growth of the pair to 115.80.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
