wrapper

EUR/USD Daily Forecast – 13 November

Saturday, Nov 11 2017
EUR/USD Daily Forecast – 13 November

From Eurozone, on Friday, French Industrial Production data was published. In September 2017, output bounced back slightly in the manufacturing industry (+0.4% after −0.3% in August) and in the whole industry (+0.6% after −0.2%). Over the third quarter of 2017, output increased in the manufacturing industry (+0.6%) as well as in the overall industry (+0.6%). Manufacturing output of the third quarter of 2017 increased markedly compared to the same quarter of 2016 (+2.7%), as well as in the whole industry (+2.7%).

In the U.S. session Consumer Sentiment figures were released. Consumer sentiment in U.S. unexpectedly fell by the most in a year amid expectations that inflation and interest rates will rise, according to a University of Michigan report Friday. Sentiment index dropped to 97.8 (est. 100.8) from 100.7. Current conditions gauge, which measures Americans’ perceptions of their finances, fell to 113.6 from 116.5. Expectations measure decreased to 87.6 from 90.5.

 

There will be no data releases both from Eurozone and USA on Monday so we can expect a bit steadier session.

More in this category: « GBP/USD Daily Forecast – 13 November GBP/USD Daily Forecast – 15 November »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.