Action Insight
Stocks Technical Rebound Took Dollar Higher, Sterling Sold off on Brexit Day
DJIA rebounded strongly overnight by closing up 150.52 pts or 0.73% at 20701.50. S&P also rebounded by gaining 16.98 pts or 0.73% to close at 2358.57. Some attributed the rebound to strong economi...
Staying Positive In USDJPY Despite Near-Term Weakness
Trump administration's failure to repeal and replace Obamacare has hurt market sentiment, triggering concerns over the feasibility of the president's pro-growth policy agenda. In the FX market, US dol...
Trade Ideas
Trade Idea: EUR/GBP - Hold long entered at 0.8620
As the single currency found support just above last week's low at 0.8605 and has rebounded, retaining our bullishness and as long as this support holds, mild upside bias remains for another rebo...
GBP/CHF Elliott Wave Analysis
Although sterling recovered after finding support at 1.2215 earlier this month and consolidation above this level would be seen, reckon upside would be limited to 1.2445-50 and bring another declin...
Technical Outlook
GBP/USD Daily Outlook
GBP/USD's sharp decline and strong break of 1.2468 minor support suggests that rebound from 1.2108 is completed at 1.2614 already. Intraday bias is turned back to the downside for 1.2108 support next....
Options & Orders
US session: options and orders watch
EUR: The single currency traded narrowly today, bids are still noted at 1.0835, 1.0820 and 1.0800, buy orders are reported at 1.0780 and 1.0765, buying interest is tipped at 1.0750 and 1.0700-10. O...
Contributors
GBP Down But Not Out Ahead Of Article 50, As Trump Given Second Chance
EURGBP Likely To Retrace To Top Of Current Range
Brexit Fears And Technical Weakness Could Spell Losses For The EUR
Euro Area Research: Euro Area Reflation Story Ending
Pound Lower As UK And EU Divorce Begins
Economic Data
GMT | Ccy | Events | Actual | Forecast | Previous | Revised |
---|---|---|---|---|---|---|
23:50 | JPY | Retail Trade Y/Y Feb | 0.10% | 0.70% | 1.00% | |
6:00 | EUR | German Import Price Index M/M Feb | 0.40% | 0.90% | ||
6:00 | CHF | UBS Consumption Indicator Feb | 1.43 | |||
8:30 | GBP | Mortgage Approvals Feb | 69.5k | 69.9k | ||
8:30 | GBP | M4 Money Supply M/M Feb | 0.50% | 0.90% | ||
14:00 | USD | Pending Home Sales M/M Feb | 2.00% | -2.80% | ||
14:30 | USD | Crude Oil Inventories | 5.0M |
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