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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
A couple of previews of employment data coming up from the UK Once that’s out of the way we can get back to Brexit headline ping pong! Barclays: The claimant count continues to rise slowly, however, this is unlikely to feed into a higher unemployment rate just yet, as recruitment consultants continue to report staff
Bitcoin, to buy or not to buy That is indeed the question. The reality is that Bitcoin buying has been fuelled largely by hype. The technology behind it, the Blockchain technology, may be excellent. However, the strong buying of BITCOIN is not happening. I flip flop about what I think about Bitcoin, but the lack
The pound’s downfall is what led to the dollar’s outperformance ForexLive As mentioned earlier, the dollar may be leading the charge after EUR/USD broke below 1.1300 but it’s the pound that is the number one driver in the currencies market today. The weakness in the quid due to Brexit woes led to a fall in
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Picked up 3 Senate seats. May be 4 or may be 2 Candidates I supported did very well with 9 of 11 winning My campaigning stopped the blue wave Vote is a rebuke of democrats in Kavanaugh matter Some who did not embrace my help lost races.  Economy is booming like never before I give
100 and 200 hour MAs at $1228.75 The price of gold has move to a new session low, and in the process has dipped below the 100 and 200 hour MAs at $1228.75 (both MAs are within $0.03 of each other). Those MAs are the barometer for bulls and bears.  Stay below bearish. Move above
New Zealand employment report is only once per quarter. On Wednesday 7 November 2018 we’ll get the labour market data for Q3. Due at 2145GMT (Tuesday 6 November 2018) Unemployment rate: expected 4.4%, prior was 4.5% Employment change q/q: expected 0.5%, prior was 0.5% Employment change y/y: expected 2.0%, prior was 3.7% Participation rate: expected
Latest data released by Markit/CIPS – 5 November 2018 Prior 53.9 Composite PMI 52.1 vs 53.4 expected Prior 54.1 ForexLive That’s a much softer reading than expected as the headline reading falls to its lowest since March. Markit says that this points to a quarterly GDP growth of 0.2%, all things equal. I don’t expect
Events to watch out for Monday November 5 China Caixin Purchasing Managers’ Index for September Japan Nikkei Purchasing Managers’ Index for September Australian MI inflation Swiss sight deposits ECB’s de Guidos Bank of Canada Governor Stephen Poloz speaks in London to Canada-UK Chamber of Commerce with a press conference to follow at 9:30 a.m. US Markit services/composite PMI
Preparations for a final Brexit deal “far more advanced” than previously disclosed UK Prime Minister Theresa May has secured concessions from the EU to keep the whole of Britain in a customs union, the Sunday Times reports, citing unnamed sources. Northern Ireland will not be treated differently in the backstop. That likely solves the problem of
Forex news for North American trade on November 2, 2018: Markets: S&P 500 down 17 points to 2723 US 10-year yields up 9 bps to 3.22% Gold flat at $1232 WTI crude down 80-cents to $62.89 USD leads, JPY lags Friday was supposed to be all about non-farm payrolls. It lifted the US dollar 15-30