Trading the News: U.K. Consumer Price Index (CPI) A material pickup in both the headline and core U.K. Consumer Price Index (CPI) may sap the bearish sentiment surrounding the British Pound and spark a larger recovery in GBP/USD especially as a growing number of Bank of England (BoE) officials see a greater threat of overshooting the 2% target for inflation. What’s Expected: Why Is This Event Important: ...
- U.K. Jobless Claims to Decline for 19 Consecutive Months - ILO Unemployment Rate to Narrow to 6.7%- Lowest Since January 2009 Trading the News: U.K. Jobless Claims Change Another decline in U.K. Jobless Claims may prompt a near-term advance in the GBP/USD as it puts increased pressure on the Bank of England (BoE) to normalize monetary policy sooner rather than later. What’s Expected: ...
Strategy Video: Are We In a Bubble and How Would We Trade It? Comfort in steady bull trends and nonexistent volatility has led to more 'bubble' talk with correctionWe don't have a sector-specific bubble now like 2000 or 2008 but rather a positioning bubbleWhile a bubble pop presents considerable opportunity, it demands higher qualification New to Forex? "We are in a bubble"! The phrase has been used more than a few times in the ...
- U. of Michigan Confidence to Improve for Second Consecutive Month. - Print of 84.5 Would Mark the Highest Reading Since July. Trading the News: U. of Michigan Confidence A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later. What’s Expected: ...