GBP Weekly Forecast (Mar. 5 – 9)
Resurfacing Brexit jitters hit sterling hard around the middle of the previous week and PM May’s speech did little to shore it back up. Can economic data save the pound this week?
Read MoreResurfacing Brexit jitters hit sterling hard around the middle of the previous week and PM May’s speech did little to shore it back up. Can economic data save the pound this week?
Read MoreCan the euro hold on to its gains for another week? We’ve got the ECB decision on the docket, so the forex action could heat up by then!
Read MoreIt was a busy start to the week for Asian session traders, as they continued to price in Trump’s tariff decisions AND political developments in the euro region over the weekend.
Read MoreThe BOJ’s policy decision is up this week! Will Kuroda try to temper the yen’s gains by jawboning it? Or will he shrug it off in favor of instilling confidence in the central bank’s policies?
Read MoreLooks like we’ve got a pretty big week ahead for the Aussie! Which catalysts could influence the comdoll’s price action? I’ve got a list!
Read MoreRisk sentiment might have moved the Kiwi around last week, but we also saw that New Zealand reports could affect its price action. What’s in store for the comdoll this week?
Read MoreThe comdolls (NZD, AUD, and CAD) were in a race to the bottom during the morning London session, apparently because of another bout of risk aversion and Trump’s rhetoric on trade wars being “good” and “easy to win.”
Read MoreA lack of other major reports highlighted a strong report from New Zealand that boosted Kiwi across the board. Meanwhile, the dollar continued to lose pips on the back of Trump’s tariff changes.
Read MoreJust when it seemed like a regular grind for the markets, another round of hawkish remarks from Powell plus Trump’s announcement on imposing steel tariffs spurred a sharp selloff.
Read MoreThe higher-yielding Kiwi was the top-performing currency of the session, even though commodities were in retreat and risk aversion was the name of the game. The euro, meanwhile, was feeling some bearish pressure.
Read MoreNext in importance to freedom and justice is popular education, without which neither freedom nor justice can be permanently maintained.James A. Garfield