The BoE does not recognize a no-deal Brexit, Turkey has a date to receive their missiles, & Refinancing is strong in the U.S. housing market.
U.S. Treasury Secretary Steven Mnuchin said that Washington and Beijing were about 90% done with their deal ahead of president Trump and Xi’s meeting this week. Affects the S&P500
The U.K. says the 1984 Hong Kong rights treaty with China is still valid in response to the protests over the new extradition treaty. Affects GBP
Mortgage number in the U.S. varied as activity increased 1.3% while “conforming” loans dropped 4.06%. Affects USD
No-deal Brexit is unlikely to go into the BoE’s forecasts until Britain’s next prime minister makes leaving the European Union without a transition agreement his preferred policy. Affects the GBP
Turkey is set to receive their first S-400s missile in July, even though the U.S. has threatened to levy tariffs in retaliation. Affects the TRY
The USA’s GDP (QoQ) (Q1) will be released. The GDP is a good measure of an economy’s strength and the report will likely affect the USD.
The U.S.’s Pending Home Sales (MoM) for May will be published. This report is a part of the analysis of the entire housing market. This could affect the USD.
The continuation of trade negotiations between the United States and China will increase investor confidence.
If the index breaks through the resistance level at 2960, then quotes may increase to 3000.
A false breakdown of support level signals possible growth for this pair.
The pair’s chart has shown a Double Bottom pattern, which means that the asset’s price may to grow.
NZD/USD on this day
- Since 2000, June 27th has been a trading day 15 times.
- On 54% of those days the asset ended with growth.
- The maximum reinforcement range was 0.95%.
- Downtrends were limited to 1.93%.