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No notable data will be released on Tuesday, however, a further decline of the US dollar will let the single currency to close above the pivot point. On Wednesday, a lot of significant data for the euro will be released. Forecasts are not encouraging, however, if the actual data are greater than the forecast ones, the euro will have chances to stick above 1.1840.
Brent is near $80 again, WTI is above $72.70. For WTI it is the highest level since the end of November 2014. Brent has already tested levels above $80 but couldn’t stick there. Let’s see how strong the factors are for the further oil’s rise.
That is all for today. Follow markets news with us!
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It seems like this week is about CPI and Brexit, although there is more news!
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On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
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