Sterling not a sell around current levels — Credit Agricole

GBP/USD strategy Credit Agricole CIB FX Strategy Research discusses GBP outlook and continues to advise against selling the currency around current levels. «This is largely due to ongoing political uncertainty and as central bank monetary policy expectations should remain stable. In relation to Brexit negotiations, we expect officials to form an agreement in relation to the […]

EUR/NZD Carves Double Top Formation into Resistance

To receive Michael’s analysis directly via email, please SIGN UP HERE EURNZD threatens double top breakdown with a break below 1.7124 Check out our 4Q projections in our Free DailyFX Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT EUR/NZD Daily Chart Technical Outlook: EURNZD has been trading within the confines […]

Powell Q&A: We don’t see wages signaling a tight economy

Powell answers questions from the Senate Finance Committee We don’t see wages signaling a tight economy Measure of prime age males unemployment is concerning, one of the few indicators that show slack in labor market A ‘wide range of indicators’ suggest US is around full employment ‘There is no sense of an overheating labor market’ […]