Euro remains under pressure as Italians vote

Euro remains under pressure as Italians vote "No" to constitutional reform

By: Oliver Miller | Where To Trade | On:Wednesday, 07 December 2016
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  Where to Trade - American dollar is heading higher against pairs as U.S. Unempolyment was below the "natural rate" of unemployment.
The British Pound is expected to head higher against pairs as UK inflation expectations rose while economic activity came better than anticipated. The GBP/USD pair closed at 1.2679 in previous session. 

The S&P 500 might devaluate as tech industry has enormos amount of money stored overseas. The S&P 500 closed at 2,210 in the previous session. 

The Aussie remains under pressure against the Greenback as the Australian GDP will be released at 12:30 GMT. In the previous session, the AUD/USD pair closed at  0.7461.

Euro remains under pressure as Italians vote "No" to constitutional reform. The Euro Dollar pair is expected to have a medium impact during the US JOLTS Job Openings release at 15:00 GMT. The EUR/USD pair closed at 1.0718 in the previous session.

The Loonie Dollar pair is expected to have high volatility during BOC Rate Statement at 15:00 GMT. The CAD/USD pair closed at 1.3277 in the previous session.


Video Summary:

  • USA: U.S. Unempolyment was below the "natural rate" of unemployment
  • United Kingdom: UK inflation expectations rose while economic activity came better than anticipated
  • Canada: The Loonie Dollar pair is expected to have high volatility during BOC Rate Statement at 15:00 GMT
  • Australia: The Australian GDP will be released at 12:30 GMT
Oliver Miller

Oliver Miller

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