EUR/USD. Pressure on the European market can exert tension in trade issues between the US, the Eurozone and China. The EU threatens to introduce new tariffs for goods from the US with a volume of $ 300 billion, if US President Donald Trump sets duties on cars from the EU. I expect the growth of the currency pair on the release of this news.
NZD/USD. In the event that the strengthening of trade confrontation still can not be avoided, this may lead to a slowdown in the pace of world economic recovery, which will certainly affect the investors' attitude to risk. I think we should expect a decline in the currency pair when this news is released.
AUD/USD. The US currency against the yen managed to recover from the multi-month low and show impressive growth in the Asian session Wednesday. Market participants were distracted by another political intrigue in the United States related to the sudden resignation of the White House communications director, and paid more attention to statistics, which pulled the US dollar index from the low since May 2016. I expect a decline in the currency pair when this news is released.
GBP/USD. Determining the prospects for the US currency will be data on employment from ADP, as well as comments of the President of the Federal Reserve Bank of San Francisco, John Williams, and the president of the Federal Reserve Bank of Cleveland, Loretta Mester. I expect a decline in the currency pair when this news is released. I expect a decline in the currency pair when this news is released.
EUR/USD. European currency against the dollar after the extremely unfortunate start of the last day by the end of the trading session was able to recover. According to published data, retail sales in the Eurozone showed a decline for the second month in a row. I expect a decline in the currency pair when this news is released.
USD/CAD. Positions of bears have become even stronger after the release of data on oil reserves in the United States by API version. According to the report, last week oil reserves grew by 1.7M. I expect a decline in the currency pair when this news is released.
USD/JPY. During the day, losses were exceeded by 2%, which is confirmed by the presence of considerable strength of sellers, ready to use any fundamental negative that appears on the market. I expect a decline in the currency pair when this news is released.
The first half of 2018 was completed, bringing with it a repayment for a too good 2017: assets related to risk, adjusted, and volatility grew. There were several new risks that could provoke serious systemic consequences.
USD/CAD. Most market participants are confident that the countries of the trusteeship will reconsider the existing arrangements and increase the volume of aggregate production in order to compensate for the shortage of raw materials due to the reduction in oil production in Venezuela, Libya and Iran. I expect a decline in the currency pair when this news is released.