Brexit

Everyone, from politicians to movie stars and even stand-up comedians, has taken to Twitter to comment about the ongoing Brexit negotiations and its implications for the European and world economies. This social media platform is an…
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The UK's economy was seen to have managed to keep its steady but soft pace of growth in the third quarter. Data from the IHS Markit covering the manufacturing, services and construction sectors showed. However, the uncertainty in the…
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The International Monetary Fund (IMF) came out with a warning for the UK last week. The IMF warned that Britain could expect significant costs to its economy if it leaves the European Union without agreeing to a transitional agreement.…
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The Bank of England held its monetary policy meeting last week on Thursday. As widely expected, the central bank left interest rates unchanged. Officials highlighted the greater risks on the financial markets due to Brexit. The decision…
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Daily Forex Market Preview, 18/09/2018 The U.S. Dollar eased back on Monday. The declines came after a renewed threat of trade tariffs. The U.S. administration announced that it would impose new tariffs of 10% on over $200 billion in goods…
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Daily Forex Market Preview, 12/09/2018 The British pound managed to post some modest gains on Tuesday after data showed that average earnings increased 2.9% on the year excluding bonuses in July. The data beat estimates and the…
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Daily Forex Market Preview, 30/08/2018 The U.S. dollar was seen trading on the back foot amid a rather busy day. The economic data from the U.S. showed that the economy advanced by 4.2% during the second quarter. The second revised…
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Daily Forex Market Preview, 29/08/2018 Consumer confidence in the United States hit a new high. The index rose from 127.9 in July to 133.4 marking the highest level since October 2000 beating the median forecasts as well. The consumer…
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The Bank of England (BoE) held its monetary policy meeting last week on Thursday. As widely expected, the central bank raised the key lending rate by 25 basis points to 0.75%. This was the second interest rate hike since November 2017.…
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Volatility is what drives the forex markets. The higher the volatility, the more room there is for traders to earn profits. And, one of the biggest events over the past couple of years to have affected the forex markets has been the Brexit…
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