The movement of the euro depends on inflation data

Trading 31 mai 2018 Commentaire »

The European currency continued its growth in the afternoon on Wednesday, after a weak report on the growth of the US economy, as well as a decrease in political tension in Italy.

As it became known yesterday, the Italian "Five-Star Movement" refused to put Eurosceptic Paolo Savona as Italy's Minister of Economy. This slightly smoothes the situation in Italy's political crisis, as a number of investors are really concerned that the path of European integration, which Germany and France are promoting, can be substantially changed.

Data on the growth of the US economy in early 2018 had a negative impact on the US dollar rate, as the economy of the show is more modest growth than previously thought.

According to the report of the US Department of Commerce, US GDP for the first quarter of 2018 showed an increase of 2.2% per annum against the previous estimate of 2.3% per annum. Economists had expected that economic growth rates would remain unchanged.

Indicators of inventories of companies had a negative effect on GDP, which led to its revision.

Compared with the same period last year, US GDP growth in the 1st quarter was 2.8%.


The report of the beige book by the Fed also did not give the US dollar support. According to the data, economic activity in the US grew at a moderate pace in most regions in late April and early May this year. Employment also grew at a moderate pace. The beige book also focused on the fact that in most regions there was a moderate increase in wages.

It should be noted that today there is a report on income and expenditure of households, which can have a significant impact on the US dollar.

As for the current technical picture of the EURUSD pair, buyers are gradually being selected for large resistance levels around 1.1705 and 1.1750, above which it will be more difficult to buy risk assets, as new large sellers will return to the market. To expect a downward movement in the euro will be possible with the publication of weak data on inflation in the euro area, which could seriously affect the plans of the European Central Bank, which is experiencing the recent problems associated with economic growth. The return to support level 1.1640 will seriously damage the orders of euro buyers and lead to the fall of the trading instrument in the area of 1.1590 and 1.1540.

The material has been provided by InstaForex Company -

‘Power’ Season 5: New Photo Questions Kanan’s Loyalty To Ghost And Tommy

Trading 31 mai 2018 Commentaire »
When “Power” Season 5 premieres on Starz, viewers will see Ghost desperately seeking revenge against Dre. Ghost believes the overly ambitious young man is to blame for his teenage daughter’s murder and for turning her brother into a killer. However, seeking his own form of justice will require help from his best friend Tommy and their former partner Kanan. A new photo shared on the “Power” Twitter account teases whether Kanan (Curtis “50 Cent” Jackson) can actually remain loyal to the men he used to consider friends.

Fullerton Stabbing: Woman Shot And Killed by Police After Attacking Therapist With Knife

Trading 31 mai 2018 Commentaire »
Police in Fullerton, California, fatally shot a woman on Thursday who was accused of stabbing her therapist during a session in her office. The incident reportedly occurred around 7:30 a.m. in the 1600 block of East Chapman Avenue in Fullerton. A female therapist, 40, was hospitalized with non-life-threatening injuries after a female patient she was seeing in her office reportedly stabbed her several times, according to a press release by the Fullerton Police Department. 

Russian Parliament Invites Facebook CEO Mark Zuckerberg To Speak

Trading 31 mai 2018 Commentaire »
Facebook CEO Mark Zuckerberg has had to venture out of Facebook’s California home base multiple times in recent months to explain himself to world government authorities. However, his most recent invitation from a world government is perhaps the most fascinating, even if the likelihood of Zuckerberg’s acceptance is low.

‘Europe United’ As Trump’s America First Policy Ignites Trade War

Trading 31 mai 2018 Commentaire »
European political leaders reacted furiously as the Trump administration followed through on its threat to impose swinging tariffs on European, Canadian and Mexican steel imports in the opening shots of an unprecedented trade war. Our response to 'America First' can only be: 'Europe United'," the German foreign minister Heio Maas said in a statement. "We cannot understand the U.S. decision to impose punitive tariffs on steel and aluminum for the EU, and reject it. The EU is prepared to respond appropriately with corresponding countermeasures," he warned.

Ax-Wielding Man Kills Police Dog During Altercation Outside Apartment

Trading 31 mai 2018 Commentaire »
A man in Northwestern Europe seen waving an ax was shot after he killed a police dog during an altercation on Wednesday.

Watch: Youth Football Team Rescues Couple From Overturned Car On Highway

Trading 31 mai 2018 Commentaire »
A youth football team from Idaho may have saved the lives of two people from Oregon on Tuesday. The group of boys happened upon an overturned vehicle and stepped into action, rescuing the couple from the wreck in an incident that was captured on video and shared on social media.

‘General Hospital’ Spoilers: Will Sam Convince Jason To Save Drew’s Life?

Trading 31 mai 2018 Commentaire »
Sam has had a major revelation now that she knows Drew doesn’t have to risk his life just to recover his memories, but as a result of her epiphany, she ends up putting Jason in an uncomfortable situation. On the Thursday, May 31 episode of “General Hospital,” Sam turns to Jason to save someone who isn’t looking to be rescued.

NBA Finals 2018 Game 1: Start Time, TV Channel, Live Stream Info For Cavaliers vs. Warriors

Trading 31 mai 2018 Commentaire »
The Golden State Warriors will host the Cleveland Cavaliers in Game 1 of the 2018 NBA Finals Thursday night. It’s a matchup that the basketball world has anticipated seeing ever since the teams battled for the 2017 championship a year ago. The series opener starts at 9 p.m. EDT at Oracle Arena for the fourth year in a row. ABC will have the TV coverage, and a live stream will be available online with WatchESPN.

‘Originals’ Season 5 Spoilers: That Major Death Is ‘Tremendously Difficult’ For Klaus

Trading 31 mai 2018 Commentaire »
“The Originals” killed a member of the family in Wednesday’s episode. Season 5, episode 6 ended with Hayley sacrificing herself to take out Greta, and they both burned in the sunlight. Though Hayley wasn’t officially a Mikaelson, it’s still like a death in the family.