The Dollar Rally Continues

Economic News
02 Mei 2018
The Dollar Rally Continues

The most anticipated event today will be the Federal Reserve's decision on interest rates. It is expected that the rate will remain unchanged at 1.75%. The dollar continued to strengthen during the week and at the moment the Dollar index is close to record highs from December 2017.

Recently published data on Apple's profit exceeded expectations, after which the company's shares rose to the level of $169.10.

The dollar rally continues and energy prices yesterday closed in the red zone. However, after the statements of the Israeli Prime Minister Benjamin Netanyahu about the availability of documents proving the existence of nuclear weapons in Iran, tensions rose in the markets. After that event Donald Trump spoke about the possibility of an early exit from the nuclear deal with Iran.

Despite the increase in the growth of production and the number of drilling rigs in the United States, oil prices are under pressure.

The Dow Jones quotes in yesterday's auction fell below 24,000 but by the end of the trading session were back above this mark.

SuperForex
Hopes of a Hike

Economic News

Hopes of a Hike

We are not likely to see an increase in US interest rates this week.

SuperForex
01 Mei 2018
US Continues to Pump More Oil

Economic News

US Continues to Pump More Oil

Oil prices have gone down a bit amid rising production levels in the US.

SuperForex
30 Apr 2018
There Will Be Peace

Economic News

There Will Be Peace

SuperForex
30 Apr 2018