May 26


  • BY: Nati
  • May, 26th, 2014 6:53 +00:00

Good morning,

The Memorial Day holiday takes place in the US today and trading volumes are expected to be lower today as a result. Bank of Japan published their meeting minutes with the 2% inflation target still attainable without any changes to policy for now. The United Kingdom also remains closed today for holidays.

ECB President Mario Draghi is due to speak this morning and this is the main market mover today. Looking ahead to tomorrow and we will see publication of the Swiss GDP figures, and the open of the UK and the US markets after their long weekend.

EURUSD is trading at 1.3625 with GBPUSD at 1.6837, USDJPY currently trading at 101.93

Oil is trading at $104 per barrel with GOLD currently traded at $1293 per ounce.

Hope you all have a good week.