Even though Canadian Housing Starts (Nov, YoY) came in very positive, the recent exodus from the Loonie continues.
6 h
The technical outlook for BTC is extremely negative. Ever since the break beneath $5000, one psyche level after another has been taken out.
7 h
Earlier, the JOLTS jobs numbers from October were released to the public. The figure came in at 7.079 million, well above expectations.
8 h
Safe havens are loosing their appeal now as risk diminishes after Theresa May pulled the plug on the Brexit vote.
9 h
Last week tough for the DJIA, with prices falling very near corrective territory. Today's cash open has done little to reassure investors.
9 h
Theresa May calls off Brexit. The sentiment improves in the markets but the GBP gets crushed.
10 h
USD/JPY has retraced higher during the European session but the trend remains bearish, so we decided to go short on this pair.
11 h
Theresa May was convinced that the Brexit deal would pass the Parliament, but now she might have pulled the plug on the vote.
12 h
Crude oil has slipped below the psychological support area of $52 to trade near $51.60. Thing is, crude prices have a crossed below 20 & 50. Full Article
13 h
The UK GDP grew by 0.1% in October after falling flat for two months. But, the overall economic figures from UK were pretty bad today.
13 h
The UK Manufacturing Production fell by -0.9% in Oct, raising concerns of a slowdown in the economy. Drop in manufacturing means, less...
    14 h
    GBP

    The pace of expansion of the UK economy has been slowing in the last several months. In June, the pa... Full Article

    • Calendar
    14
    38
    H
    M AGO
    GBP

    Manufacturing production was growing steady in May and June by 0.4% on a monthly basis. But, in July... Full Article

    • Calendar
    14
    38
    H
    M AGO
    We have two rounds of very important economic data from the UK. But with Brexit vote coming, trading this report is very dangerous as well.
    15 h
    The safe-haven yen weakened after Japan's Cabinet Office announced that the already declining Q3 GDP came out far worse than initially...
    16 h
    The [[EUR/USD]] remains mostly unchanged to trade at $1.1426, up by +0.41% on Monday. All eyes remain on the UK economic events now.
    17 h
    Today, trading the GBP/USD is all about fundamentals, such as GDP and Manufacturing PMI. Watch out the expectations...
    17 h
    GOLD trades bullish due to anxieties about a potential decline in China’s economic growth amid an ongoing trade war and crashing equities...
    18 h
    The dollar slid almost half a percent against the euro and the yen on Monday after soft U.S. payrolls data fuelled speculation that the...
      19 h
      US markets appear set for another negative start to the week on the back of a big sell-off on Friday. US non-farm payroll numbers came in lo Full Article
      20 h
      The AUD/USD had a pretty rough week, led by and large by a big risk-off move. The commodity currencies often bare the brunt of these types o Full Article
      22 h
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