EURUSD 22.12.17

Daily Forex Market Preview, 22/12/2017 The common currency was seen weakening in the early Asian trading session following the Catalonia elections. After taking direct control of the region, the snap elections announced was expected to be a close call between the pro-Spain parties and the pro-independence parties. The election results show...

2017-12-22 John Benjamin Read more
Catalonia flag

Following the Catalonian independence referendum earlier in the month which saw 90% of voters voting in favour of independence, the leader of the Catalan government Charles Puigdemont has said that he is ready to declare unilateral independence if Spain does not agree to formal talks on the matter. Puigdemont announced, just ahead of a deadline ...

2017-12-12 James Harte Read more
Catalonia independence day

Catalonia On Brink of Independence? Charles Puigdemont, the leader of the Catalan government, is meeting with his parliament today to establish how best to press ahead with their quest for independence.Investors are preparing for the Catalan government to make a unilateral declaration of independence. However, the government of the autonomous r...

2017-10-19 James Harte Read more
COT report_Sterling_ECB

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 3k contracts to take the total position to net long 91k contracts. This recent increase in traders’ upside exposure comes despite an escalation in political instability in the eurozone. The recent Catalonian referendum in Spain saw the region vot...

2017-10-19 James Harte Read more
Day of referendum in Catalonia. People protesting in the streets while national police is patrolling. 1st of october 2017, Barcelona

Euro Drops on Independence Vote EURUSD traded lower over the European morning on Monday in response to the outcome of the Catalan independence referendum held on Sunday. Initial reports show that just over 2.2 million people voted (out of a registered 5.3 million voters) with nearly 90% voting in favour of secession from Spain. Scenes of Vio...

2017-10-22 James Harte Read more

Political Risks Remain Elevated The last 12 months have been a constant source of political event-risk with Brexit, the US elections, and European elections all causing elevated volatility at times. Heading into the final third of 2017 this trend shows no signs of slowing down as the market prepares for German and Italian elections. However, th...

2017-08-22 James Harte Read more