British Pound Trading Higher In The Morning Session
For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.2894. The Bank of England Governor, Mark Carney warned that a no-deal Brexit would create an “economic shock”. Hence, he urged MPs to...
RBNZ May Appear Dovish, But Not Enough to Satisfy the Bears
The Reserve Bank of New Zealand (RBNZ) will conclude its policy meeting on Wednesday, at 0100 GMT. Governor Orr will hold a press conference an hour later. In the wake of some disappointing employment data, traders have sharply ramped up...
Reserve Bank of New Zealand (RBNZ) – What to Expect
The Reserve Bank of New Zealand is expected to keep its benchmark interest rate at +1.75% this evening (08:00 pm ET). Many expect Governor Orr to join the RBA with a more “dovish” statement this go around, and in contrast...
May To Address Parliament | Gold Defends Its 1300 Mark
The possibility of another US government at the end of this week is keeping many risk lover investors at the bay. No one wants to see another government shutdown, especially after a historic one which wasn’t too long ago. These...
RBNZ’s Interest Rate Decision
Tomorrow during the Asian session (01:00, GMT), RBNZ is to release its interest rate decision and is expected to remain on hold at +1.75%. Currently NZD OIS imply a probability of 91.03% for the bank to remain on hold as...
Aussie and Kiwi Outlook: Storm Clouds Gathering?
Both the Australian and New Zealand dollars have seen the wind leave their sails lately, amid mounting speculation that their respective central banks will cut rates soon, and as investors started having second thoughts about a US-China trade deal. Examining...
Stocks Indecisive as Investors Weigh Soft Data Against Dovish Central Banks
After a big rebound in January, the US stock markets appear a little tired. Investors are weighing the negative impact of soft economic data on future company earnings against the positive impact of interest rates remaining low for longer, with...
DAX Stabilizes after Sharp Slide
The DAX index has steadied on Monday after sharp losses last week. On Monday the DAX is at 10,991, up 0.78%. There are no German or eurozone events on the schedule. It was a dismal week for the DAX, which...
EUR/USD – Euro Slide Continues As Investor Sentiment Sours Over Soft Data
After posting five losing days last week, the trend continues as EUR/USD has started the week in the red. On Monday, the pair is trading at 1.1307, down 0.13% on the day. It’s a slow day for fundamentals, with no...
China Weekly Letter – Trump Backtracks on Xi Meeting, Growth Bottoming in Q1
Donald Trump has changed his mind on Xi Jinping meeting after warnings from his advisers. Steven Mnuchin says his team is putting in an enormous effort to meet the deadline and China has made more concessions. Our China Leading Indicators...
Signal2forex.com - Best Forex robots and signals




