Sentiment in the market

02.02.2015 / 07:35

Rating:

EURUSD sentiment remains in favor of the dollar and quantitative easing by the European Central Bank, as well as expectations for rate hikes in the US support the US currency.It`s possible to see a slight correction influenced by weaker values that were reported for the last quarter in the United States last week.

GBPUSD is possible to see new short movements of the couple on Friday after data from the UK mortgage and consumer loans showed weaker than expected values. In the US, consumer spending increased, and in today's session expected results for PMI indices in both countries. Today will likely see an increase in volatility.

Indexes probably will open with a decrease in expected production indices of world economies caused by the decrease in the price of oil, which has a negative impact on energy stocks. Data last week for US GDP in Europe and Britain forecast fell short of expectations, which benefits the downstream movement of the shares.

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Sentiment in the market

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