Forex.ee Analytics
Forex.ee Representative
- Messages
- 562
Daily economic digest from Forex.ee
Stay informed of the key economic events
Wednesday, May 17thHaving faced resistance in the area of 1.1120 level, the EUR/USD pair pulled back slightly, as bulls seems to be exhausted after 4-day northern rally. Today the pair refreshed its half-year tops at 1.1122 spot, which is the highest level since the US Presidential election, as ongoing sell-off of the greenback continues to navigate the market as of late. Moreover, recently the US currency came under renewed selling pressure after it became known, that US President D.Trump disclosed secret information to Russian diplomats, thereby providing additional support to the pair. On the data front, today the Eurozone will publish final CPI figures for the last month, while the US docket will release only secondary data reports, so the pair will keep following global market’s sentiments during the NA trading session to determine its further direction.
Click here to see all current market developments.
The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!
Your European ECN-broker,
Forex.ee