Market caution is likely the cause of Monday’s pullback ahead of today’s Parliament Brexit vote. The House of Commons will be voting on Prime Minister May’s Brexit plan B, including a number of amendments nominated by the speaker.
Dear Trader, Please find our updated trading schedule for the Australia day Holiday on Monday January 28th, 2019. All times mentioned below are Platform time (GMT +2) Index (Mon) 28th January 2019 – AUS200 Closed for Trading Equities (Mon) 28th January 2019 – AUS Stocks Closed for Trading If you have any questions or require any assistance, please contact one of our … Continue reading Australia Day Schedule 2019
In the mould of a near-full-bodied bullish candle, the British pound catapulted itself north against its US equivalent last week, positioning the market at the lower boundary of supply coming in at 1.3472-1.3204.
Dreary Eurozone PMIs triggered the EUR/USD’s initial decline amid early European trade Thursday, with downside further exacerbated by the press conference after the ECB interest-rate decision in which rates were left unscathed.
Broad-based US dollar selling, triggered by a sharp drop in 10-year Treasury yields, appears to be the primary catalyst behind the recent upsurge.
