Categories: Market Overview

FxPro Daily Insight for July 17

Market overview

FX: GBP updates 27-month lows on fears of no trade deal Brexit. USD is growing following strong data on the U.S. economy.

Stocks: U.S. Indices turned to decline in the desire of players to fix part of the profits from the previous growth. Asian markets are trading almost unchanged.

Commodities: Brent thread waters just above $64.0 after the decline by 4.8% on Tuesday. Gold try holds above $1400 level.

Crypto: Bitcoin sank under $10000, the whole cryptocurrency market is declining due to pressure from U.S. congressmen for Facebook’s Libra project.

Infographic description

Important upcoming events (GMT): 08:30 UK [!!!] Consumer Price Index 09:00 EU [!!] Consumer Price Index 12:30 CA [!!!] Consumer Price Index 12:30 US [!!!] Building Permits

Detailed economic calendar

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team

Recent Posts

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

2 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

3 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

16 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

16 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

18 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

18 hours ago

This website uses cookies