The British Prime Minister Theresa May said that the British parliament members have one last chance to support her deal. “I have compromised, now I ask you to compromise too,” said Theresa May during a speech in London. May has been trying to push her Brexit deal in the parliament without being successful, being rejected
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The euro is in for a busy day tomorrow. A host of key data points is scheduled for release during the day. The most important ones are related to the largest economy in the eurozone. We had a bit of a positive surprise out of Germany lately, and we now get to see if that
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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SEK, NOK TALKING POINTS – FOMC MEETING MINUTES, USDSEK, USDNOK SEK and NOK traders are preparing for release of FOMC meeting minutes Krona volatility may be compounded by Riksbank financial stability report Trade war, global growth fears hang over Norway and Sweden economies See our free guide to learn how to use economic news in
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The precious metal sector is under-performing this week amid demand pressures and a rising US dollar. Agricultural commodities are staging a comeback on the back of supply issues and speculative short covering.   Precious metals Speculative investors scaled back their bullish PLATINUM bets to the lowest since the beginning of April in the week to
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Multiple upside resistance-lines stand tall to question the pair’s recent recovery. Bears can jump back should prices break latest lows. GBP/USD’s latest bounce off 1.2685 isn’t strongly indicating the pair’s strength as it takes the rounds near 1.2715 ahead of the UK markets open on Wednesday. The pair needs to surpass near-term trend-line resistance, near
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Daily Markets Broadcast 2019-05-22 Wall Street rebounds on Huawei relief Tech stocks rebounded yesterday after US President Trump dialed back the blacklisting of Huawei, granting limited relief for consumers and carriers that do business with them. Other US indices also tracked higher though the cloud of the trade talks slowed gains. US30USD Daily Chart Source:
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The Trump administration is considering limits to a Chinese video surveillance company’s ability to buy American technology, people familiar with the matter said, according to The New York Times.  The move would effectively place the company, Hikvision, on a United States blacklist and will likely inflame the trade tensions. Hikvision is one of the world’s largest manufacturers
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Scott Morrison, Australia’s prime minister, waves with his wife Jenny and daughters after winning during the Liberal-National coalition party election night event in Sydney, Australia, on Saturday, May 18, 2019. Morrison led his conservative government to a surprise victory in Australia’s election, seeing off a challenge from the left-leaning Labor opposition with his pledge to
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