and Juncker saying:
"this is not a failure, very confident will reach an agreement this week."
Sep’s GBP/USD 1.3659 remains in focus after reaching a 1.3539 and a low of 1.3413 on the no deal news.
Thread: Technical Analysis.
and Juncker saying:
"this is not a failure, very confident will reach an agreement this week."
Sep’s GBP/USD 1.3659 remains in focus after reaching a 1.3539 and a low of 1.3413 on the no deal news.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
experience traders get the technical analysis of this trading market they get the fundamental analysis then they open any trading position the experienced traders do not take risk they wait for the good time then they place the trading order .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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NEWS | Dec 04, 21:37 GMT
Forex today: Sterling was yet again the big mover over 'no deal' Brexit headline
By Ross J Burland
Forex today saw a further bid in the greenback following Saturday’s US Senate tax reform plan passage that underpinned the upside in shorter-term US yields and US stocks, (until the close that is). The US dollar index was up 0.4% on the day while the 2yr yields remained elevated at 1.81%, making for a nine-year high. However, the ten-years were not so elevated and dropped from 2.41% to 2.38%.
Underpinning the dollar was the divergence between central bank expectations this month with the Fed around the corner, 12/13 December. However, we now enter a 1-week blackout period as we await the Senate to vote on the nomination of Jerome Powell as Fed Chair on Tuesday. The Fed fund futures yields continued to price the chance of a December rate hike at 100% while there are a number of observers who forecast the Fed to hike three times in 2018 and once in 2019. US data also underpinned that notion again with the above-forecasted results in Factory and Durable Goods data today.
The biggest mover in the FX space was Sterling, again, with some wild volatility in the currency. The UK and EU failed to reach a Brexit deal while a joint statement from May and Juncker who had met on Monday, lunching together, confirmed the headlines from the BBC and Reuters, not expecting a deal, that sent the pound off a cliff. However, some positives statements from both officials keep the Brexit hopes alive and sterling exalted ahead of the EU Summit next week, (15th Dec), with UK's PM May saying the following:
"We will reconvene before the end of the week and I am also confident that we will conclude this positively,"
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The UK and EU failed to reach a Brexit deal while a joint statement from May and Juncker who had met on Monday, lunching together, confirmed the headlines from the BBC and Reuters, not expecting a deal, that sent the pound off a cliff.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
US data also underpinned that notion again with the above-forecasted results in Factory and Durable Goods data today.
The biggest mover in the FX space was Sterling, again, with some wild volatility in the currency.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
However, we now enter a 1-week blackout period as we await the Senate to vote on the nomination of Jerome Powell as Fed Chair on Tuesday. The Fed fund futures yields continued to price the chance of a December rate hike at 100% while there are a number of observers who forecast the Fed to hike three times in 2018 and once in 2019.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Underpinning the dollar was the divergence between central bank expectations this month with the Fed around the corner, 12/13 December.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The US dollar index was up 0.4% on the day while the 2yr yields remained elevated at 1.81%, making for a nine-year high. However, the ten-years were not so elevated and dropped from 2.41% to 2.38%.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Forex today saw a further bid in the greenback following Saturday’s US Senate tax reform plan passage that underpinned the upside in shorter-term US yields and US stocks, (until the close that is).
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The Canadian dollar shrugged off data on Thursday showing that the value of Canadian building permits rose more than expected in October.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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