Industrial output in the US dropped by 0.1%. Expectations for a rise of 0.1%, after mixed data beforehand. This joins the long list of disappointment from the US economy. Last month’s rise was revised to the downside: from 1.1% to 1%. Reaction in currency markets is limited as everyone is waiting for the Greek elections. EUR/USD remains in the 1.2587 to 1.2624 range. USD/JPY remains under 79 and isn’t moving too much. The Capacity Rate Utilization also fell short with 79%. Estimations stood on 79.2%. Earlier, the Empire State Manufacturing Index disappointed badly by dropping from 17.1 to 2.3 points. A slide to 13.6 was predicted. The TIC Long-Term Purchases fell short as well with only 25.6 billion, while expectations stood on 45.3 billion. There is one more figure left for today: consumer sentiment from the University of Michigan. See how to trade this event with EUR/USD. US data is below expectations lately. This was seen in retail sales, jobless claims and other indicators. However, the US still enjoys some growth and is considered a “safe haven”, in times of trouble. Athens is now the epicenter world, with Greek elections looming on Sunday. See the 3 scenarios for the Greek elections. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Weekly Outlook June 18-22 Anat Dror 9 years Industrial output in the US dropped by 0.1%. Expectations for a rise of 0.1%, after mixed data beforehand. This joins the long list of disappointment from the US economy. Last month's rise was revised to the downside: from 1.1% to 1%. Reaction in currency markets is limited as everyone is waiting for the Greek elections. EUR/USD remains in the 1.2587 to 1.2624 range. USD/JPY remains under 79 and isn't moving too much. The Capacity Rate Utilization also fell short with 79%. Estimations stood on 79.2%. Earlier, the Empire State Manufacturing Index disappointed badly by dropping from 17.1 to 2.3 points.… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
