So say Livesquawk citing the same twitter source as before 23 NovJeremy Cliffe Berlin correspondent for The Economist with the tweet.News came out a short while ago but as the euro remains underpinned it seems more and more likely that a step-down from Schulz may well be the way forward to the SPD working in […]
Join DailyFX analysts to trade the major economic data as they happen. We’d love to have you along. Asia Pacific currency majors spent much of 2017 overwhelmingly driven by the “USD” side of their respective currency pairs. 2018 will probably offer more of the same, at least in its early months. Part of this is […]
Recently, the GBP/USD part has been trading upwards. As I expected, the price tested the level of 1.3337. According to the 30M time — frame, I found a successful test of pivot level at the price of 1.3288, which is a sign that selling looks risky. I also found oversold conditions on the stochastic oscillator, […]
EU Commission president Juncker out with comments a short while ago 23 Nov cant say whether enough progress made to move to next stage will see in the days ahead So enlightening as ever. Not.UK PM May’s spokesperson: UK has made progress ewith EU on border with N Ireland more work to be done Elsewhere […]
UK CBI Nov reported retailing sales data now out 23 Nov -36 prev total distributive reported sales 30 vs 1 prev the volume of orders placed upon suppliers rose over the year to November, with 34% of survey respondents reporting a rise and 11% reporting a fall, giving a rounded balance of +22%. Firms anticipate […]
According to Wall Street Journal, JP Morgan Chase is considering launching its Chicago Mercantile Exchange (CME) futures platform on Bitcoins. This statement was issued last week and raised the Bitcoin price to a record high of over $ 8,300. According to the report: » J. P. Morgan wonders whether through its futures brokerage unit will […]
Daily Outlook A recent bullish breakout above the downtrend line took place on May 22. Since then, the market has been bullish as depicted on the chart. This resulted in a quick bullish advance towards next price zones around 0.7150-0.7230 (Key-Zone) and 0.7310-0.7380 which was temporarily breached to the upside. Recent bearish pullback was executed […]
Lloyds Bank partage son analyse fondamentale de GBP/USD. « Le GBP a progressé après l’estimation de la croissance US à 0.4% q/q au T3, ce qui était au-dessus des attentes du marché. La Livre a cependant rechuté, malgré la première hausse de taux de la BoE depuis une décennie. La hausse a été largement anticipée, et […]
Here’s the latest on other key pairs 23 Nov Note: Offers = Sellers at these levels. Bids = Buyers at these levels. These orders, and the others I post, are generally good until filled/ level breached. USDCHF: 0.9803 near session lows. SNB will be keeping a close eye on any further momentum lower Offers : 0.9830 0.9860 0.9880 0.9900 Bids: […]