Monday, 21 January 2019

GBP Gains After PM May’s Brexit Plan-B Statement

UK Prime Minister Theresa May approaches the House of Commons over her revised Brexit deal ahead of the January 29 deadline to reach an agreement.


from DailyFX - Feeds all http://bit.ly/2U8qtvB
via IFTTT

IMF Warns of Risks to Global Growth, Advance Economies to Fall Sharply

Global expansion is weakening ‘somewhat faster than expected’ according to the IMF’s latest World Economic Outlook update.


from DailyFX - Feeds all http://bit.ly/2CAIA6x
via IFTTT

EURUSD Rejects Resistance, AUDUSD Weighed by China Slowdown

The Euro once again failed to consolidate above 1.14. GBP traders to look towards Theresa May’s plan B.


from DailyFX - Feeds all http://bit.ly/2CBY9uN
via IFTTT

Sterling Week Ahead: Positive Brexit Sentiment Supporting GBP

PM Theresa May will present her Plan B to Parliament later today against a mildly-positive Sterling backdrop. Will her plan disappoint?


from DailyFX - Feeds all http://bit.ly/2Dp2xPm
via IFTTT

Gold & Silver Price Analysis – Breakdowns Have Key Support in Focus

Precious metals rolled down out of triangle formations, this has important support levels for both gold and silver in sight.


from DailyFX - Feeds all http://bit.ly/2FONiko
via IFTTT

GBPUSD Drops Ahead of Brexit Plan B

Today’s focus will center around the UK and Theresa May presenting her Plan B Brexit plans to the House of Commons, while the debate and vote will take place on January 29th


from DailyFX - Feeds all http://bit.ly/2W5Wnuy
via IFTTT

Crude Oil Price Eyes China Slowdown, IMF Growth Outlook Update

Crude oil is sitting between $60/bbl. and $65/bbl. and waiting for the latest IMF Global Outlook, which will likely confirm that global growth is slowing down further.


from DailyFX - Feeds all http://bit.ly/2sF5lSd
via IFTTT

How to read currency pairs: Forex Quotes Explained

All FX traders starting out should learn how to read forex quotes. Our guide covers the basics of reading currency pairs.


from DailyFX - Feeds all http://bit.ly/2FPEAC7
via IFTTT

Sunday, 20 January 2019

British Pound May Rise if Alternative Brexit Deal Also Crumbles

The British Pound may rise if opposition to UK Prime Minister May’s latest Brexit deal attempt looks insurmountable on hopes that a second referendum is up next.


from DailyFX - Feeds all http://bit.ly/2T7tT1U
via IFTTT

Lofven Survives PM Vote, Breaks Political Gridlock - What’s Next?

Sweden’s four-month-long political gridlock was finally broken on Friday after Stefan Lofven survived a vote in the Riksdag, Sweden’s parliament.


from DailyFX - Feeds all http://bit.ly/2Mo5hPz
via IFTTT

Crude Oil Price Rise May Stall as Gold Eyes US Shutdown, Brexit

Crude oil prices may struggle for follow-through on Friday’s spirited advance as a holiday closure in the US saps market-wide liquidity levels.


from DailyFX - Feeds all http://bit.ly/2CCYk9c
via IFTTT

Australian Dollar Rises as China Data Comes in Better Than Expected

The Australian Dollar rose after Chinese data crossed the wires. Major economic indicators, while not impressive, were not as poor as traders were expecting.


from DailyFX - Feeds all http://bit.ly/2RXAgY1
via IFTTT

Australian Dollar Rises as China Data Comes in Better Than Expected

The Australian Dollar rose after Chinese data crossed the wires. Major economic indicators, while not impressive, were not as poor as traders were expecting.


from DailyFX - Feeds all http://bit.ly/2U8d07n
via IFTTT

NZD/USD Technical Analysis: NZ Dollar Looks Likely to Fall Further

The New Zealand Dollar has paused to digest amid the longest losing streak in over three months but chart positioning hints at further weakness on the horizon.


from DailyFX - Feeds all http://bit.ly/2R3mqPi
via IFTTT

China GDP Menacing Markets, Trade War End Would Come with Costs

Disappointing Chinese GDP data may spook investors. An end to the US-China trade war might come with hidden costs for financial markets.


from DailyFX - Feeds all http://bit.ly/2FNIX0L
via IFTTT

Weekly Fundamental Forecast: Trade Wars, Chinese GDP and Rate Decision Bridge Themes and Event Risk

Risk appetite continues to gain a foothold across the market spectrum, but where is this enthusiasm coming from? In the week ahead, traders should expect headlines touching upon concerns over economic activity (particularly China), monetary policy (ECB and BOJ), international trade and political stability. Few of these themes favor bulls.


from DailyFX - Feeds all http://bit.ly/2FQC26K
via IFTTT

Weekly Technical Forecast: Reversals are Taking with the Equites Up Four Week and the Dollar Back with Bulls

The overwhelming sense of dread and high volatility plaguing the markets through the end of the past year is slowly starting to lift. US equities have led risk trends to a four-week recovery that has overcome key levels while the Dollar has just recently saved itself from a full bearish reversal. Will this sense of recovery continue?


from DailyFX - Feeds all http://bit.ly/2szJCer
via IFTTT

EUR/USD Weekly Technical Forecast: Euro Dropping Towards Support, Bear-flag Building

The Euro is backing down into support and may bounce, but overall a bear flag is under development and at some point likely to lead to another leg lower…


from DailyFX - Feeds all http://bit.ly/2U3zrdA
via IFTTT

Dow Holds on to Trade War Hopes and Earnings, Others to China GDP

The US stock market will look to trade war developments and earnings season while other global equity markets will keep an eye on Chinese GDP figures.


from DailyFX - Feeds all http://bit.ly/2U6NBef
via IFTTT

Saturday, 19 January 2019

Euro Forecast: Dour Mood Expected at ECB Meeting; PMIs on Wednesday

A busier week on the economic calendar should bring more attention back to the Euro, although the European Central Bank meeting on Thursday is the obvious top ticket item of the week.


from DailyFX - Feeds all http://bit.ly/2RScVan
via IFTTT

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...