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Forex

Today the markets of USA and Great Britain were closed in connection with holidays

May 27, 2014, Tuesday, 12:29 GMT | 07:29 EST | 16:59 IST | 19:29 SGT
Contributed by Forex-Metal

Asian and European trading sessions:

Euro: The euro has fallen at the Asian session on a background of fears, that after election in the European parliament the parties which have come to power, will interfere with intentions of the Central bank on strengthening economic restoration of region. Opposition parties in Greece and France have typed many voices. At the same time the block Angels Merckel has received the majority of voices in Germany.

During the European session in the market Forex of euro has grown against dollar on a background of comments of chapter ECB of the Drag and data on confidence of consumers of Germany.

Also it became known, that the index of economic expectations in May has risen on 6,4 items up to 38,5. Higher value has been last time written down in July, 2011 when the given parameter has risen up to 44,6 items.

Meanwhile, the index of the expected income has fallen in May to 4,5 items - up to 47,8 items. Nevertheless, the indicator remains at very high level and still almost on 14 items above value of the corresponding period of the last year. The parameter estimating readiness to buy, has grown on 0,9 items in May - up to 49,5 items. The EUR/USD pair has grown up to $1.3648 during the European session.

Japanese Yen: The yen falls the third day successively pending today's performance of the head of Bank of Japan. Last week session of the Central Bank took place in considering positive statistics on growth to economy in region. The Bank of Japan did not begin to expand the program of quantitative mitigation.

New Zealand dollar: The New Zealand dollar was under pressure after the publication of data on trading balance of the country. The last month the parameter has unexpectedly changed. Today Statistical management of New Zealand has informed: the trading balance of New Zealand in view of seasonal fluctuations has fallen up to 534M with 920M for the last month. Analysts expected, that the parameter will show decrease to 667M.


American trading session:

U.S. Dollar: Today the markets of USA and Great Britain were closed in connection with holidays.

Gold: Gold keeps below $1300 for ounce during the electronic trades in New York on a background of inconsistent signals: an expected reduction of stimulating measures of Federal Reserve System and the Ukrainian conflict. Cost of the June future for gold traded in a range $1290.95 - $1294.85 for ounce on COMEX today.

Oil: The World prices for oil decrease on a background of gamble, that elections of the new president of Ukraine can facilitate months of intensity in attitudes with Russia, the world's largest the exporter of energy. Cost of July futures for the American easy oil of mark WTI has fallen up to $103,93 for barrel on the New York commodity exchange.

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