After French Election: the Markets seem calm today with only a few News Release awaiting
What’s happening today? Follow FXPrimus and Follow the market!
Today’s Important Indicators
Yesterday EURUSD entered into a selling mode after the French elections aftermath, but many analysts see this as temporary.
Nevertheless, a big sigh of relief was heard in European capitals and throughout the markets after Macron was elected as president.
Today’s Forecast for Important Trading Indicators
| Time in GMT | Country | Indicator | Expected | Previous |
|---|---|---|---|---|
| 09:30 | AUD | Annual Budget Release | – | – |
| 12:30 pm | CAD | Building Permits | 4.2% | -2.5% |
Market Movers
- USDJPY continued to climb yesterday during the Asian Session reaching as high as 113.36. Fundamentally, there is not much supporting a weaker yen, however USD strength is adding to the rally.
- USDCAD rose two sessions high on the back of Macron’s election, again on USD strength, and Loonie weakened as OIL prices continued to fall.
- Gold and Silver continued to fall, this morning Gold was trading at 1227 dollars an ounce.
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