Daily News | What will happen today?

Here we are, a new week and a new Monday ripe with potential ways to make a profit. Sit back, relax and read on, as we take a look at the most important changes on the market today! We start the week off with the euro. Factory orders in the German economy seem to be improving, as there is a projected growth of 0.2%. If we also take a look at the Sentix Investor Confidence survey of the Eurozone as a whole, we see that the euro will most likely experience a bullish start of the week. Moving on to the Far East, the Japanese yen will also experience some important changes due to its market indicators. We can see that the annualized indicator of the GDP of Japan is showing a slightly negative trend. Continuing this is the current account of transactions, including goods and services, as it too is expected to drop. This shows that the yen will most likely experience a downward trend this Monday. Lastly, the U.S. dollar will also see some changes today. According to the Consumer Credit Change indicator, the USD seems to be heading towards a bearish Monday, as the index is expected to drop significantly later today.

Daily News | Trade with one of the best

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Author: Max Rothstein

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