Week Ahead by Crédit Agricole: NFP, RBA, FX Wars, GBP Squeeze, Sell AUD, NZD Rallies "The calm maybe deceiving and the bulls maybe heading to a ‘China’ shop. Indeed, potential disappointments from the China PMIs could well halt the risk bounce in its tracks. Apart from the RBA, which may sound extra dovish just to keep AUD from bouncing further, there will not be many central bank speeches to sooth market nerves further.""We remain ...
Trading UK GDP news event by NewsTrader EA 2016-01-28 09:30 GMT | [GBP - GDP] past data is 2.1%forecast data is 1.9%actual data is 1.9% according to the latest press release
Daily price is located below 200 period SMA and 100 period SMA for the primary bearish market condition: the price is ranging within Fibo support level at 1.4079 and 50.0% Fibo resistance level at 1.4659. Daily price is breaking 23.6% Fibo resistance at 1.4349 from below to above, and RSI indicator is estimating the ranging bearish condition in the near future. If the price will break Fibo support level at 1.4079 so the bearish trend will ...
The U.K. jobless rate fell to its lowest level since early 2006, while the employment rate hit a record high in the three months ended November, and wage growth remained subdued suggesting more time for the Bank of England to decide on a rate hike. In the three months to November, the ILO unemployment rate was 5.1 percent versus 5.8 percent in the same period the previous year. more...
Trading the News: U.K. Jobless Claims Change A 2.8K rise in U.K. Jobless Claims accompanied with another slowdown in wage growth may generate fresh 2016 lows in GBP/USD as it raises the Bank of England’s (BoE) scope to further delay its normalization cycle. What’s Expected: Why Is This Event Important: The recent comments from BoE Governor Mark Carney suggests that the Monetary Policy Committee ...
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