UK Prime Minister Theresa May brings her Brexit deal to Parliament knowing that she faces almost certain defeat in a vote that could mean weeks of perilous political brinkmanship for Britain.
14
Jan
2019
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13
Jan
2019
Monday 14th January: Weekly technical outlook and review.
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Recording its third consecutive week in the green, US equities firmly overthrew resistance at 23578 last week (now acting support), exposing resistance in the form of the 2018 yearly opening level at 24660.
11
Jan
2019
Friday 11th January: Greenback remains supported ahead of 95.00, pressuring opposing currencies to lower ground.
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Speculative interest remains somewhat lackluster in this market ahead of the key Parliamentary vote on UK PM May’s Brexit deal next week.
10
Jan
2019
Thursday 10th January: USDX Monthly supply-turned support area at 95.13-92.75 could potentially offer respite to the waning greenback today.
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In recent sessions, four Fed Presidents advised moderation and caution in the central bank’s rate policy this year. In addition to this, the meeting minutes from the Fed’s December meeting also struck a dovish tone.
09
Jan
2019
Wednesday 9th January: US and China narrow differences on trade; negotiations slip into today’s sessions.
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The EU repeatedly stating that Brexit negotiations are not to be reopened, along with the UK government facing a defeat on the amendment to change the budget legislation .