Brexit: May Unveils Plan B, Market Shrugs
As my colleague Fawad Razaqzada noted earlier this morning, markets were relatively dull heading into the day’s marquee event, the release of UK PM Theresa May’s “Plan B” Brexit bill. Unfortunately, the “new” proposal did little to shake things up....
A $3.5 billion money manager makes a bullish market case for DC’s partisan gridlock
Sometimes, no movement is good movement. In the case of the government shutdown, money manager Larry Glazer believes it’s favorable for Wall Street — at least in the short term. His reasoning: It prevents lawmakers from passing policies that could...
LatAm banking: Keep an eye on the Andeans
COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: CHUNT@EUROMONEY.COM By: Published on: Monday, January 21, 2019 They aren’t making headlines – for the right reasons. Brazil’s banks – and Brazilian assets generally – have been rallying as new...
No NY’s Resolutions from ECB
Reinvestment policy and forward guidance interest rates to remain unaltered No downgrade of risks to eco outlook (yet) Muted market reaction expected, but sensitivity to comments on TLTRO’s? This week, the ECB holds its first policy meeting after ending net...
Bank of Japan Meets amid Growing Downside Risks and Stronger Yen
The Bank of Japan will hold its first monetary policy meeting of 2019 on January 22-23, and unlike this time last year when there was a real prospect of a QE exit, policymakers will probably be discussing if or how...
Elliott Wave Analysis: USD/CAD Intra-day Rally
USDCAD is recovering in a wave C as part of a bigger, bullish recovery. We know that wave C is a motive waves, so five legs are expected, before a top can be seen and a reversal may follow. Ideally...
Dollar Attempting to Rise in Mixed Holiday Markets, Near Term Resistance Still Holds
The forex markets are rather mixed and quiet today. Trading has also become a bit subdued as US is on Martin Luther King day holiday. But UK Prime Minister Theresa May’s Brexit plan B might still trigger some volatility. For...
How to Read Currency Pairs: Forex Quotes Explained
NOTE: You can not find the right trading strategy? if you have no time to study all the tools of the trade and you have not funds for errors and losses – trade with the help of our best forex...
USD/CAD Bullish Bias Above 1.3250
Pivot (invalidation): 1.3250 Our preference Long positions above 1.3250 with targets at 1.3300 & 1.3320 in extension. Alternative scenario Below 1.3250 look for further downside with 1.3235 & 1.3220 as targets. Comment The RSI is above its neutrality area at...
European stocks fall as China posts slowest growth in nearly three decades; Henkel down 9%
European stocks traded lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990. The pan-European Stoxx 600 index sank around 0.3 percent, with most sectors and major bourses in the red. Market...
Signal2forex.com - Best Forex robots and signals




