Indices Updated Historical Highs

Economic News
١٧ يناير ٢٠١٨
Indices Updated Historical Highs

Yesterday after entering the US market the dollar index began to regain its positions and in the wake of the correction the pair EUR/USD began to return to the level of 1.22, while stock indices have updated above historic highs. The Dow Jones rose during the trading session to values above $26,000 and the S&P 500 went up to 2,800. In Europe, on the contrary, the market shares showed a decline in the wake of profit-taking by investors.

However, only last year's reserve currency declined against the Euro by 14% and we expect a further decline in the dollar against a background of low inflation and a slowdown in economic growth. The projected further increase in interest rates may also not be able to provide substantial support for the dollar, while a gradual economic recovery in the eurozone and the decrease in the asset repurchase should support the single currency.

In addition, in the eurozone consumer prices rose by 1.4% in December as expected and growth in relation to November amounted to 0.4%, while the inflation rate in Germany was 1.6%.

The new year started not in the best way for cryptocurrencies, since from the beginning of the year Bitcoin has lost more than 25% of its value. This decline is due to new restrictions in different countries on trade cryptocurrency because the South Korean government announced that it is considering the possibility of banning trading cryptocurrency in the country.

SuperForex
Review of the Markets

Economic News

Review of the Markets

SuperForex
١٦ يناير ٢٠١٨
Daily Overview

Economic News

Daily Overview

A look at the markets on Monday, January 15.

SuperForex
١٥ يناير ٢٠١٨
BoJ Supports the Yen

Economic News

BoJ Supports the Yen

The Japanese yen managed to appreciate against the dollar on the good news from Japan.

SuperForex
١٥ يناير ٢٠١٨