Caveat: Unless the EU bailout in place (Reuters) Large scale emergency liquidity assistancethey also require ECV approval, could be conditional on bailout program OMT (outright monetary transactions) conditional on bailout program Italy seen as test of ECD credibility no appetite to help a single country bending rules for Italy would damage ECD sources highlight bank
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GBPUSD moves to new session highs EU chief negotiator is on the wires with lots of comments on Brexit negotiations: We are doing our best to reach a Brexit  deal on orderly withdrawal Much of withdrawal agreement already agreed with UK 80-85%  of Brexit  treaty agreed Need to agree on governance, geographical indications and above
Daily thread to exchange ideas and to share your thoughts Good day, everyone! Hope you’re all doing well as we get into trading session today. It’s been a relatively quiet start to say the least for markets with the two key drivers of sentiment holding rather flat today. Treasury yields aren’t really moving while equities are looking
Price sits in between the two key hourly moving averages ForexLive The pair is trading higher on the day as the dollar selling continues into the session after a dramatic 180º turn for the greenback in overnight trading. The pair also breached the 100-hour MA (red line) @ 1.1499 earlier and now this is where
The October survey date for Westpac / Melbourne Institute consumer sentiment  Last month’s result:  down 3.0% to a value of 100.5 (above 100 is net optimism, but as you see its barely there) was the weakest since November of 2017. Analysts cited as negatives: mortgage rate rises political instability continuing pressure on household budgets from
Looks toward test of 100 hour MA The price of USDCAD has reversed it’s earlier gains and is now trading to new session lows.  The price at the high today stalled ahead of the high from yesterday. The price fell below a lower trend line, the low for the day at 1.29468, and is tracking