Sterling (GBP) Slammed Lower on No Confidence Vote Rumour

Sterling, Brexit and No Confidence Vote Talk that ‘No Confidence’ vote triggered by UK law makers. UK PM May under pressure to resign. Q4 Trading Forecasts including USD and GBP. UK PM May at Risk as ‘No Confidence’ Vote Said to Have Been Triggered According to one tv channel, 48 letters calling for a vote […]

DXY Index on the Edge Ahead of Quieter Trading Day

Talking Points: – The National Day of Mourning for the late US President George H.W. Bush means financial markets will be closed, economic data releases pushed until tomorrow, and Fed Chair Jerome Powell’s testimony in front of the Senate Joint Economic Committee is canceled. – With no developments likely on the US-China trade war front […]

DXY Index Awaits US-China Trade War News from the G20 Summit

Talking Points: – Financial markets have been active in the second half of the week, thanks in part to a speech by Fed Chair Jerome Powell and the release of the November FOMC meeting minutes. – All of the goodwill priced-in over the past 48-hours hinges on progress to relieve tensions in the US-China trade […]

Asian Stocks Still Supported By Hopes For Trump, Xi G20 Meet

Asian Stocks Talking Points: Most regional bourses managed to gain once more Hopeful trade comment from the White House clearly helped The US Dollar was supported by the latest Federal Reserve commentary Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Most Asia Pacific […]

Gold Prices May Fall as Fed Commentary Boosts the US Dollar

GOLD & CRUDE OIL TALKING POINTS: Gold price bounce fizzles as the US Dollar reclaims yield appeal Crude oil prices correct higher but near-term chart resistance holds Hawkish Fed-speak may hurt commodities, API inventory data due Gold prices seesawed, with early gains on the back of a weaker US Dollar erased by day’s end Monday. […]
Sterling (GBP) Slammed Lower on No Confidence Vote Rumour

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