The British Pound may rise if UK PM Theresa May survives a no-confidence vote, clearing away an obstacle along the way toward a second Brexit referendum.
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Tuesday, 15 January 2019
Asia Stocks Lack Upside Momentum, Nikkei 225 May Be Heading Higher
Despite the S&P 500 rising, Asia Pacific stocks traded mixed. More bets of Chinese economic stimulus appeared to help tame market pessimism. Nikkei 225 may be heading for more gains.
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Gold Prices Might Make Good on Signs of Topping on Fed Beige Book
Gold prices might make good on technical signs of topping if the Fed’s Beige Book survey echoes recent improvement in economic news flow, boosting rate hike bets.
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Amid Brexit Volatility, Trade War Pain, Earnings - Volatility but No Direction
There is an overabundance of high profile fundamental risk floating in the global markets. Yet despite the potential this would insinuate for the markets, volatility is refusing to settle on a clear direction.
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A Pound Rally on May’s Brexit Proposal Defeat?
Parliament dealt Prime Minister May a sound – record – defeat on her Brexit proposal Tuesday. Normally, this would be grounds for an epic Sterling tumble, yet the currency did exactly the opposite. Why?
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US Dollar to Gain Against the Philippine Peso, Malaysian Ringgit?
Some ASEAN currencies may succumb to gains in the US Dollar next as the Malaysian Ringgit and Philippine Peso weaken. USD/SGD remains in a downtrend, USD/IDR consolidating.
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NZD/USD Technical Analysis: A Top in Place Above 0.68 Figure?
The New Zealand Dollar may be ready to re-engage the downtrend against its US counterpart after a rebound stalled above the 0.68 figure.
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GBP Gains on Rejected Brexit Vote Amid Curbed Volatility
GBP/USD leapt on news that British Prime Minister Theresa May’s Brexit deal was defeated in the UK House of Commons by a landslide, losing 432-202.
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GBP/USD, Stocks Up on Market Hopes for Second Brexit Referendum
GBP/USD, stocks rose after the markets welcomed UK Prime Minister Theresa May losing the vote on her Brexit deal. Nikkei 225 may gain with Asia stocks as Japanese Yen falls.
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Brexit Vote: PM May’s Bill Defeated 432-202; GBP Volatile around Intraday Lows
After hitting an intraday high of 1.2915 earlier, GBP/USD touched as low as 1.2669 following the vote results.
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Sterling Weekly Price Outlook: GBP/USD Recovery Faces Moment of Truth
The Pound recovery has failed just ahead of key technical resistance and leaves the advance vulnerable. Here are the levels that matter on the GBP/USD weekly chart.
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EUR/USD Snaps Bullish Sequence, RSI Clings to Upward Trend
The recent breakout in EUR/USD appears to be unraveling, with the exchange rate at risk of facing further losses it snaps the bullish series from the previous week.
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Forex Market Size: A Traders Advantage
The FX market is the biggest and most traded worldwide. Read our guide to forex market size, trading volume and liquidity and how to take advantage.
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FX Markets Await Key Brexit Vote; DXY Index Rallies, GBP Stalls
Weakness in both the British Pound and the Euro has helped fuel a US Dollar rebound on Tuesday.
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Trading Outlook for EUR/USD, DAX 30, Gold Price & More
The Euro is failing to hold onto its breakout and at risk of more choppiness or outright declining, the DAX is up against resistance, while gold's sideways price action points to a move soon.
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PM May Set for Brexit Vote Defeat, Germany Avoids Technical Recession - US Market Open
All eyes on the meaningful vote for GBP traders. Option markets are suggesting an implied move of roughly 1% in GBPUSD.
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Positive Sentiment Continues to Creep Back Into Markets | Webinar
Rising hopes that the Chinese government will act to boost its domestic economy and that a US-China trade war can be averted are boosting confidence in the financial markets.
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EURUSD Price Latest: Heading Lower on Weak German Growth Data
EURUSD makes a fresh one-week low, driven by news that German growth fell to a five-year low.
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GBP Price: Upward Trend May Continue After Brexit Vote
GBPUSD has been climbing gently for the past month and that trend may persist after Tuesday evening’s Brexit vote in the UK Parliament.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....