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GBPUSD Price, Volatility and Pivot Points GBPUSD underpinned but one-hour chart warns of overbought conditions. Sterling volatility slips lower but remains elevated. Q1 2019 GBP Forecast and USD Top Trading Opportunities Sterling remains relatively unfussed after UK PM May’s Brexit bill was voted down again in Parliament last night, by a lesser but still large
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Risk sentiment was buoyed once again this week by news of continued developments in the ongoing US/China trade negotiations. Top officials from both countries held phone meetings this week to map out the next steps in the talks. Chinese state news reported that US Trade Representative Robert Lightizer and US Treasury Secretary Steve Mnuchin held
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MARKET DEVELOPMENT – GBPUSD Gains Pared, SEK Troubles Persist, Oil Remains Buoyant GBP: Yet another volatile session so far ahead of tonight’s Brexit vote (1900GMT). GBPUSD had moved towards 1.33 throughout the Asian session after PM May had gained legal assurances over the contentious backstop. However, gains had been pared during the European morning following
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La mayoría de la gente, incluso sin tener una carrera en economía o finanzas, sabe que la inflación significa que la moneda está perdiendo valor. En términos bien generales, esto se puede traducir al mercado de divisas; si una moneda tiene mayor inflación que otra, no es irrisorio pensar que su valor disminuirá en comparación
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Most people, even without a background in economics or finance know that inflation means that the value of a currency is going down. Broadly speaking, this is translatable in some sense to the currency markets. If one currency has higher inflation than another, it’s reasonable to think that its value will decrease when compared to
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Australian Dollar, NAB Business Confidence Talking Points: Confidence hit a three year low according to NAB Assessments of current conditions were also weaker The Australian Dollar headed lower, with the market now looking ahead to Wednesday’s consumer confidence snapshot Join our analysts for live, interactive coverage of all major economic data at the DailyFX Webinars.
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“MODERN MONETARY THEORY” sounds like the subject of a lecture destined to put undergraduates to sleep. But among macroeconomists MMT is far from soporific. Stephanie Kelton, a leading MMT scholar at Stony Brook University, has advised Bernie Sanders, a senator and presidential candidate. Congresswoman Alexandria Ocasio-Cortez, a young flag-bearer of the American left, cites MMT
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Greek Bond Sale Gains Backing from Investors The country’s first bond sale since Europe’s debt crisis raised €2.5 billion last week. Order books reached a ceiling of €11.8 billion. Investors began snapping up 10-year Greek debt at a 3.9 percent yield. This came after Moody’s, a credit risk rating agency, lifted the country’s rating scale
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UK Markets, Sterling and Brexit: 18 days until the UK leaves the EU and still no clarity. Sterling volatility implies a potential 200+ pip move this week. You can access all of our Q1 2019 Trading Forecasts for a wide range of Currencies and Commodities, including GBPUSD along with our latest fundamental and medium-term term
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Esta tarde se aproxima una serie de datos importantes sobre la economía Australiana: datos de la vivienda e información sobre la confianza del empresariado. Si bien estos datos no los sigue el RBA, sí tenemos un discurso de su gobernador asistente en la agenda. Así que podríamos ver algo de volatilidad en los pares AUD
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As the UK braces itself for another parliamentary vote on the PM’s Brexit plan tomorrow, the risk of a no deal Brexit is growing. If parliament votes against the government again, it will be offered a vote on Mach 14th). This vote will be to decide whether to press ahead with a no deal Brexit
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Asian Stocks Talking Points: Stock markets were mixed as a new week got started in Asia Last week’s feeble US employment numbers were of course noted The US Dollar made gains as Brexit worries haunted Sterling Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment
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