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Monday, 3 July 2017

Trading plan for Monday, July 3rd 2017

Trading plan for 03/07/2017: 
The US Dollar is gaining slightly to the other currency pairs. It has risen the most GBP (0.24% and CAD (0.22%). EUR/USD is slightly above 1.1400, GBP/USD has slipped below 1.3000, USD/JPY is approaching resistance at 112.50. WTI oil is up 0.35% and is trading at $46.20, an ounce of gold costs $ 1,237. On the Asian stock market was a very quiet session, the index fluctuations barely exceeded 0.1%. The Nikkei 225 is up 0.12%, Hang Seng 0.09% and Shanghai Composite is 0.03% under the line. 
On Monday 3rd of June, the event calendar will be dominated by PMI Manufacturing data releases from across the Eurozone, Great Britain and the US. Moreover, Unemployment Rate data from the Eurozone will be released as well.


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