{"id":136101,"date":"2018-10-26T08:15:13","date_gmt":"2018-10-26T12:15:13","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136101"},"modified":"2018-10-26T07:01:54","modified_gmt":"2018-10-26T11:01:54","slug":"the-usd-index-updated-the-local-highs-again","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-usd-index-updated-the-local-highs-again\/","title":{"rendered":"The USD Index Updated the Local Highs Again"},"content":{"rendered":"
October 26, 2018<\/div>
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by\u00a0JustForex<\/u><\/a><\/strong><\/p>\n

The US dollar keeps strengthening against the basket of major currencies despite the ambiguous economic reports. For example, the core durable goods orders show a 0.1% growth in September, which is below the expected value of 0.5%. Pending home sales index in September actually overshot the expected value of -0.1% and reached +0.5%. The demand for the American currency remains. Yesterday, the USD index (#DX) updated the local highs again and closed in the positive zone (+0.18%). Today the investors are lying in wait for the US GDP report.<\/p>\n

The EUR keeps falling against the USD. The weak economic stats are pressuring the EU currency down. The IFO business climate index in Germany fell to 102.8, while the experts were expecting 103.1. The ECB keeps the basic parameters of the monetary policy at the same level.<\/p>\n

The oil prices are showing negative dynamics. At the moment, the WTI futures are testing the rate of 66.5 USD\/barrel.<\/p>\n

Market Indicators<\/h2>\n

Yesterday, the US major stock indices started to recover: #SPY (+1.79%), #DIA (+1.68%), #QQQ (+3.46%).<\/p>\n

The 10-year US government bonds yield continues to decline. At the moment, the indicator is at the level of 3.10-3.11%.<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/div>\n
The news feed on 26.10.2018:<\/div>\n

– The US GDP report \u2013 15:30 (GMT +3:00).<\/p>\n

We also recommend you keep an eye on the statements made by Mario Draghi \u2014 the President of the European Central Bank.<\/p>\n

by\u00a0JustForex<\/u><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

by\u00a0JustForex The US dollar keeps strengthening against the basket of major currencies despite the ambiguous economic reports. For example, the core durable goods orders show a 0.1% growth in September, which is below the expected value of 0.5%. Pending home sales index in September actually overshot the expected value of -0.1% and reached +0.5%. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-136101","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=136101"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136101\/revisions"}],"predecessor-version":[{"id":136103,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136101\/revisions\/136103"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}