BITCOIN 1156.244 13:00 25.02 EUR/USD 1.05620 13:00 25.02 EUR/USD 1.05620 12:40 25.02 EUR/USD 1.05620 12:30 25.02 Saudi Arabian Refineries 37.250 12:20 25.02 BITCOIN 1156.090 12:00 25.02 EUR/USD 1.05620 12:00 25.02 EUR/USD 1.05620 11:40 25.02 EUR/USD 1.05620 11:30 25.02 BITCOIN 1154.989 11:00 25.02 EUR/USD 1.05620 11:00 25.02 EUR/USD 1.05620 10:40 25.02 EUR/USD 1.05620 10:30 25.02 BITCOIN 1152.253 10:00 25.02 Saudi Arabian Refineries 37.250 10:00 25.02 EUR/USD 1.05620 10:00 25.02 EUR/USD 1.05620 09:40 25.02 EUR/USD 1.05620 09:30 25.02 BITCOIN 1155.880 09:00 25.02

Daily Market Review

Daily Market Review – 06/29/2015

Thursday was an existing trading day, with historical news from Wall-Street, as the NASDAQ reached an all-time high, breaking the former mark set during the year 2000!. Facebook released its Quarterly earnings report, pointing out to a lower profit rate than expected, pushing its share to a 2.6% descent on Thursday. Google also published a slightly disappointing report, as the strengthening Dollar seems to have hurt the company’s profits.

Disappointing weekly unemployment claims and new home sales data weekend the USD yesterday, shifting the EUR/USD from an early morning rate around 1.066 upwards above 1.08. The pair has seem some extreme volatility this week, making shifts of over 100 pips on a daily basis, while finding significant support twice around 1.066.

Oil prices remain fairly high, as concerns of possible supply difficulties in the Middle-East seem to have hiked up demands. However, continuing reports of increasing US supplies may push the prices back down, and high volatility could be expected in the near future.

Key Market data today:

08:00 – EUR: German Business Climate.
12:30 – USD: Durable Goods orders.