EURO/USD Forex USA Time Zone

This time the admin will distribute news events from the world of stocks, perhaps arguably the world of forex. which will admin untukakn this is the latest news from the date of forex news and will admin review so that readers can better understand the news news that will be aired.


For today the admin will review the USD and EURO currencies. Why are always the two currencies? because in the world economy both currencies are often the spotlight of traders to be used as business fields. immediately we review the news that will be broadcast today and its predictions.

Core Durable Good Order

The change in the total value of new purchase orders placed on the manufacturer for durable goods, excluding transportation goods. Orders for aircraft are subject to change and can severely distort the underlying trend. Therefore Data Core is considered a better measure of purchasing trend. This is a major indicator of production - increased purchase orders signify that manufacturers will increase activity as they work to fulfill orders.

The Old Goods Order reflects the value of the order received by the durable goods manufacturer in the given month compared to the previous one. Durable goods are expected to last 3 years or more. This indicator allows the measurement of economic activity in the country (due to the amount of investment in the production of high value goods) and forecast the volume of industrial production in the short run. If the current value exceeds the forecast will give one positive USD impact. but seen from the previous preview is 0.7% with today's forecast down 0.4%. This is because in the last month the actual value of 0.2% is expected to rise to 0.4% m / m (m / m can be said monthly). So be careful in making decisions.
 

At the same time there is also news Unemployment Claims. Can be seen from the picture above shows the estimated value and the previous value decreased from 249K is estimated to fall 241K. The estimated value down is what can boost the value of the USD currency against any type of currency, especially EURO. Because the recognition of unemployment is expected to fall, the movement of currency exchange rates in various banks will increase.

The next high-weight news is Crude Oil Inventories or crude oil inventories. from the above data we can know the previous value is 1.9M with approximate value -1.4M. Nisai estimates that decreased tersebt could adversely impact the movement of the USD currency. Due to declining crude oil supply will affect the various sectors, especially in the industrial sector. For this session it is very risky for traders because 2 high-weighted news appear simultaneously with different comparisons, one is expected to go down and one is expected to go up. followed by 2 hours after that also appeared high-weighted news with the forecast to decline.

As input material from admin, it can be concluded from personal analysis of USD currency movement against EURO will decrease (this is based on data above), and if there is a mistake with real data then not the responsibility of writer. a little advice from the admin, pataulah market movement 1 hour before mangambil big step.

Quite a few USD / EURO news reviews if there is any complaint please provide your comments. Thank you for visiting.