brexit eu theresa

The battered vehicle that is the ongoing Brexit negotiations took another blow this week as the EU rejected PM May’s Brexit plan, the so-called “chequers deal,” which proposes the UK and EU share a common rulebook for goods and services post-Brexit to avoid the need for customs checks on the Irish border. However, the EU feels this will give UK ...

2018-09-21 James Harte Read more
forex metals

Gold With the US Dollar having weakened over the course of the week, gold prices were able to post a small recovery, rallying up off last week’s lows to close green on the week. Gauging the USD reaction to the latest trade war headlines has become increasingly difficult over recent weeks. USD had been gaining actively over past months as the ma...

2018-09-21 James Harte Read more
snb

Daily Forex Market Preview, 21/09/2018 The European trading session saw the Swiss National Bank leaving its monetary policy unchanged. The SNB's decision to leave interest rates unchanged was widely expected. The Norges bank monetary policy meeting saw interest rates being hiked. Norway’s key interest rates now stand at 0.75% from 0.50% whic...

2018-09-21 John Benjamin Read more

Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2514. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) found sellers. Majority of last month’s initial selloff was recaptured. Follow through buying has been posted in September. Weekly: We look for a 5-wave completion at 1.1300 ...

2018-09-21 Ian Coleman Read more
china's consumer rate

The latest consumer prices data from China covering consumer and producer prices showed an overall increase in inflation. Consumer inflation in China accelerated to a six month high in August. The gains came with an increase in vegetable prices while pork prices posted a soft decline. [shortcode-variables slug="act_tradeideas"] The offi...

2018-09-21 John Benjamin Read more
gbpusd

GBP bulls received a further boost this week from solid inflation data released yesterday, fuelling a fresh spate of buying in the British Pound. The latest CPI inflation readings for August showed both headline and core inflation beating expectations. Headline inflation rose 2.7% over August, far outperforming expectations of 2.4% and hitting i...

2018-09-20 James Harte Read more
forex trade oil

Crude oil prices were higher this week as the latest data from the Energy Information Administration showed that US crude oil inventories fell for a fifth week last week, dropping 2.1 million barrels to 394.1 million barrels per day for the week ending September 14th.  Crude stockpiles are now back down to levels not seen since February 2015. Ho...

2018-09-20 James Harte Read more
technical analysis 20 september

Daily Forex Market Preview, 20/09/2018 The U.S. dollar pulled back on Wednesday amid a slight improvement in the emerging markets. Economic data was mostly quiet from the U.S. Consumer prices in the UK advanced 2.7% on the year ending August 2018. This beat the median forecasts of a 2.4% increase. Core CPI also advanced 2.1% beating estimate...

2018-09-20 John Benjamin Read more
australia unemployment rate

Summary Australia unemployment rate in August was steady at 5.3% Australia adds 44,000 net jobs during the month Most of the gains came from full-time positions which increased 33,700 Jobs data for July was revised lower Initial signs of wage growth keep markets excited, but economists believe that it will take a while before pr...

2018-09-20 John Benjamin Read more
snb

The next major economic event on the schedule that could have a significant impact on the Swiss Franc is the expected monetary policy decision by the Swiss National Bank (SNB), scheduled for 9:30 CET (3:30 EST). If you are trading the franc or any of its pairs, this is an event to keep in mind. [shortcode-variables slug="act_tradeideas"] T...

2018-09-19 Daniel John Grady Read more