GBP Slumps as CBI Warns Neither UK nor EU are Ready for No-Deal

GBP Talking Points: CBI warns neither UK nor EU are ready for the disruption that a no-deal would cause GBP faces further losses as Boris Johnson appoints hard-line Brexiteers as cabinet members to ensure Brexit is delivered by October 31 BoE expected to keep rates unchanged at 0.75% on Thursday as Brexit uncertainty continues Increasing […]

Dollar Run Slows Despite Growth Skew, Euro Readies for the ECB

Growth Talking Points: The United States’ recent picture of economic outperformance was extended further Wednesday with a July PMI that contrasted global reads Top event risk ahead is the ECB rate decision which is a critical update for the Euro and an influence on risk though monetary policy A Pound bounce should be viewed with […]

China Launch of Nasdaq-Style Tech Index Fails To Impress

Asia Pacific Stocks Talking Points Asia Pacific stocks were mostly lower Monday Shanghai’s new tech board made its debut Oil prices were supported by Iran’s actions in the Strait of Hormuz Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Monday’s launch of a […]

US Dollar Price Action Setups in EUR/USD, GBP/USD and AUD/USD

US Dollar, EURUSD, GBPUSD, AUDUSD Talking Points: US Dollar Primed for Continued Volatility Ahead of July FOMC It was a busy week across global markets and the next two weeks look to bring more of the same. While summer months were traditionally quiet period in markets, this summer is looking to be the outlier as […]
US Dollar Price Action Setups in EUR/USD, GBP/USD and AUD/USD

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