EUR/USD continues to retrace the sharp selloff following the European Central Bank (ECB) meeting as U.S. data prints point to a slowing economy.
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Tuesday, 12 March 2019
Dow Jones Outlook: Index Eyes Next Brexit Vote, Boeing Developments
The Dow Jones will look to the ongoing Brexit saga, as UK members of Parliament vote on a “No-Deal” Brexit. Domestically, the Dow will watch for developments on the index’s largest member.
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GBPUSD Recovers After Latest Brexit Deal Rejected by UK Parliament
British MP's vote against Prime Minister Theresa May's renegotiated Brexit deal 391-242, but GBP is rising on the prospect of Article 50 extension.
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Currency Volatility: GBPUSD Price Swings Driven by Looming Brexit Vote
Forex traders reacting to Brexit deal headlines has caused massive fluctuations in the Pound over the last 24 hours with more volatility expected to come.
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British Pound Price Outlook: Brexit Game Plan Targets Sterling Range
Sterling is trading within a well-defined price range ahead of key Brexit negotiations. Here are the targets & invalidation levels that matter on the GBP/USD charts.
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Oil Prices Vulnerable to Rising Crude Inventories, Non-OPEC Output
Oil prices remain vulnerable as updates from the U.S. Energy Information (EIA) are anticipated to show crude inventories climbing another 3000K.
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Technical Outlook for USDCAD, USDJPY, Gold Price & More
USDCAD is acting constructive after a bullish pattern breakout, USDJPY channel is worth watching, while gold test a multi-month resistance line.
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A Guide to GDP and Forex Trading
GDP is a major news release watched by forex traders. Learn how the value of currencies can be impacted by this important news announcement.
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How to Combine Fundamental and Technical Analysis
How can fundamental analysis and technical analysis complement one another? Read on for examples on how you can combine both.
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Brexit Vote Unlikely to Pass, SEK Dips, Crude Oil Remains Buoyant - US Market Open
GBPUSD sees yet another volatile session ahead of today’s vote. SEK dips as inflation disappoints once again. Crude oil futures remain buoyant.
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Brexit Latest: GBP Price Drops, Trader Sentiment Tumbles | Webinar
A legal opinion by the UK Attorney General that the UK has no legal means of exiting the Irish backstop unilaterally has sent Sterling tumbling and dented market risk appetite more generally.
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Brexit Latest: GBP Price Drops, Trader Sentiment Tumbles | Webinar
A legal opinion by the UK Attorney General that the UK has no legal means of exiting the Irish backstop unilaterally has sent Sterling tumbling and dented market risk appetite more generally.
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Sticky U.S. Consumer Price Index (CPI) to Rattle EUR/USD Rebound
The U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading is expected to hold steady at 1.6% in February.
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Brexit Latest: GBPUSD Drops as Cox says Legal Risk of New Brexit Deal is Unchanged
GBPUSD falls to session lows after AG Cox highlights that Legal Risk to new Brexit deal is unchanged, reducing odds of deal passing tonight’s vote.
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Sterling (GBP) Brushes Aside UK Data as Brexit Takes Center Stage
The latest UK manufacturing and industrial production figures beat lowly expectations while UK m/m GDP jumped to 0.5% against a prior month’s -0.4% print.
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Rising Risk Appetite Boosts Stocks, Knocks JPY and US Treasuries
Markets are shrugging off concerns about trade wars and slowing global economic growth, with traders opting for riskier assets such as stocks.
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GBPUSD Technical Analysis: Golden Cross Formed, Volatility Highest Since July 2016
Ahead of the tonight’s Brexit, GBPUSD implied volatility has surged to the highest since July 2016.
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Brexit Latest: Sterling Soars but Brexit Bill Changes Under Scrutiny
PM May’s likely revised version of her Brexit bill will be put to Parliament tonight with the PM hoping that she has done enough to get MPs to back her.
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Monday, 11 March 2019
Euro, USD Look Past Retail Sales - Eyeing Brexit Vote and US CPI
The Euro and Greenback shrugged at the release of US retail sales and are now both waiting for the upcoming Brexit vote which may steal the thunder from US CPI data.
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Asia Stocks Extend Rise, GBP/USD and FTSE 100 Eye Brexit Deal Vote
Asia Pacific equities followed gains on Wall Street, fueled by US retail sales and the latest Brexit news. Ahead, the FTSE 100 and GBP/USD eye the critical EU-UK divorce deal vote.
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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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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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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....