GBPUSD, An important vote will take place tomorrow in the House of Commons on the Brexit Bill
GBPUSD,
An important vote will take place tomorrow in the House of Commons on the Brexit Bill. Based on the results of the vote, the market trend may be affected. If the majority votes for the Brexit Bill, it could increase demand for…
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AUDUSD, Following the release of the meeting minutes of the Australian Monetary Policy Council and…
AUDUSD,
Following the release of the meeting minutes of the Australian Monetary Policy Council and with the increasing divergence between Australian and US monetary policies, demand for the Australian dollar fell against the US dollar.…
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USDJPY, This Trade War between the two major economic super powers, are increasing international…
USDJPY
The Chinese government began imposing tariffs on certain US imports yesterday. The US government and President Trump threatened to impose new tariffs on $200 billion in Chinese imports.
This Trade War between the two major…
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Gold, the mid-term price of gold is most likely expected to have a bearish trend
Gold,
Further to the increase of US Federal Reserve contractionary policies and the reduction of international tensions, particularly in the Korean Peninsula, the demand for gold in the market fell and the price is on the verge of…
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USDJPY, In the short term, more price correction is expected whilst on a mid-term basis a bullish…
USDJPY
The BOJ kept interest rates steady at the Friday meeting. In reaction to the statement by the Bank of Japan’s Monetary Policy Council, the demand of the Japanese yen increased, displaying a correction in the USDJPY…
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EURUSD, ECB Chairman Mario Draghi will be speaking today in Portugal and is expected to affect…
Last week, the Council of the ECB Monetary policies announced a timetable for declining quantitative easing (QE). The announcement predicted an increase in interest rates starting second half of 2019 which led to a decline in demand for the…
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SPOT GOLD falls on tariffs announcement; break below $1292 pivot to spark further weakness
Spot Gold price fell after US tariff announcement, extending weakness from Thursday's high at $1309 where rally was rejected.
The dollar benefited from dovish ECB on Thursday, sending the yellow metal price down, with additional pressure…
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WTI OIL stands at the back foot on concerns about production increase
WTI oil holds in red on Friday as on rising concerns among market participants that OPEC could vote to increase output at its meeting next week.
Shortage in supplies from Iran and Venezuela pressures main world oil producers to think of…
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AUDUSD bears eye key support at 0.7412, in extension of Thursday’s 1.3% fall
The Aussie dollar holds in red on Friday following previous day's strong fall when the Australian currency was down 1.3% against its US counterpart.Weak Australian jobs data and China's data did not make stronger impact on Aussie, but it…
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GBPUSD pressures key supports at 1.3207/04 as negative impact from ECB impacts pound
Cable dipped to new low at 1.3211 in early Friday's trading, in extension of previous day's strong fall, when the pair was down 09% for the day.
Strong bearish acceleration of Euro on dovish ECB dragged pound with negative impact…
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