{"id":136281,"date":"2018-10-29T08:45:17","date_gmt":"2018-10-29T12:45:17","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136281"},"modified":"2018-10-29T08:21:07","modified_gmt":"2018-10-29T12:21:07","slug":"the-usd-index-is-testing-the-monthly-maximums","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-usd-index-is-testing-the-monthly-maximums\/","title":{"rendered":"The USD Index Is Testing the Monthly Maximums"},"content":{"rendered":"<div id=\"inves-2925590683\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 29, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_market_overview\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a><\/strong><\/p>\n<p class=\"ag-analytics_text\">This Friday the USD slightly weakened against the basket of the other currencies. The USD index closed in the negative zone (-0,33%). Particularly, the demand for the American currency holds. According to preliminary data, the US economic growth in the third quarter reached 3.5% instead of the predicted 3.3%.<\/p>\n<p class=\"ag-analytics_text\">The EUR is still under pressure since Mario Draghi expressed the possibility of extending the asset purchase program against the backdrop of political instability and a slowdown in the growth of the European economy. The ECB President noted that further stimulation of the economy is necessary. This week the investors are waiting for a Eurozone inflation report, which will be published this Wednesday.<\/p>\n<p class=\"ag-analytics_text\">Prices on oil are showing a downward trend. At the moment the WTI futures are testing 67.20 USD\/barrel price.<\/p>\n<h2 class=\"ag-analytics_title\">Market Indicators<\/h2>\n<p class=\"ag-analytics_text\">On Friday the major US stock indices significantly lowered: #SPY (-1,76%), #DIA (-1,30%), #QQQ (-2,57%).<\/p>\n<p class=\"ag-analytics_text\">The 10-year US government bonds yield keeps lowering. At the moment, it is on the 3,06-3,07%.<\/p><div id=\"inves-2325537167\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>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><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<div class=\"ag-analytics_list-title\">The Economic News Feed for 29.10.2018:<\/div>\n<p class=\"ag-analytics_text\">&#8211; Chancellor&#8217;s autumn forecast statement (UK) \u2013 14:30 (GMT+2:00);<\/p>\n<p class=\"ag-analytics_text\">&#8211; Consumer Spending Trends (USA) \u2013 14:30 (GMT+2:00).<\/p>\n<p><strong>by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_market_overview\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by\u00a0JustForex This Friday the USD slightly weakened against the basket of the other currencies. The USD index closed in the negative zone (-0,33%). Particularly, the demand for the American currency holds. According to preliminary data, the US economic growth in the third quarter reached 3.5% instead of the predicted 3.3%. The EUR is still under [&hellip;]<\/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-136281","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136281","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=136281"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136281\/revisions"}],"predecessor-version":[{"id":136282,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136281\/revisions\/136282"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}