News on the Forex Factory is a lot. Sometimes we see red news, but the impact is not as large as any. Sometimes see the orange news, but the big effect is on the market...
It is going to be long day for UK lawmakers, as the Commons will start voting on alternatives on Wednesday. This morning, each MP will have to choose which alternatives he/she wants to back. Afterwards, the alternative with the highest support will win...
A quiet Asian session as equity markets staged a mild recovery ahead of Brexit uncertainty. The increased probability of a soft or no Brexit has encouraged investors. However, this one will clearly go down to the wire...
To watchers of the US Federal Reserve, the biggest surprise lately was an announcement to end balance sheet reduction in September. This should keep assets near USD3.5 trillion, significantly higher than previously indicated...
After the UK Parliament took control of Brexit on Monday, the pound sterling stabilised at around USD 1.32, showing that all options remain on the table...
The US economy is decelerating as the boost stimulated by tax cuts begins to dwindle and the trade war with China begins to bite...
Just like in the Greek mythology, where Siren lures sailors to destruction with the sweetness of her song, Oil and her sweet promise of adrenaline rush sends many traders to their demise...
Not much is moving in markets today. Drivers have been on repeat for so long investors are suffering from boredom. FX volatility has declined significantly of the past week but GBP volatility remains least effected. Cleary the lower pace fall is due to critical political premiums still relevant...
The last FOMC meeting left undeniable after-effects on investors’ mind-set. The last two days of trading clearly shows that market participants don’t know where to stand. Equities rallied sharply yesterday afternoon with the S&P 500 climbing more than 1% to around 2,854, gold sliding 1...
Markets participants broadly expected the FOMC to be quite dovish. They were right. Back in December last year, it was considered reasonable to expect at least one rate hike in 2019...
There is a high probability that Prime Minster May will pass out due to g-force in the British politics. The UK is hurling towards Brexit with no steering or brakes, so can someone call Denzel Washington, please (see classi film "Unstoppable...
Despite the chaos unfolding in the UK, market volatility has eased ahead of the FOMC (Federal Open Market Committee) meeting. Perhaps the only assets showing real directional momentum are lean hog futures, which hit a new high...
Expectations for global inflation continue to decrease as deflationary pressure mount. This indicated that the Fed will unlikely be challenged by suspected inflation over 2% target. The ECB in reactions slashed its 2019 forecast for both economic growth and inflation...
The US dollar continued to lose ground against most of its peers as sentiment on risk remained roughly positive ahead of tomorrow FOMC meeting. The dollar index gave up another 0.14% Tuesday morning as it reached 96.39. The single currency appreciated to 1.1355 (+0...
Tomorrow Tuesday European Union ministers of European affairs will meet to discuss extending Brexit’s deadline beyond 29 March. Meanwhile, the UK government will for the third time try to pass its ‘deal’ through Parliament. If it passes, the government will ask for an extension to 30 June...
The Japanese economy continues to suffer from China’s economic slowdown and Sino-American trade tensions. So the Bank of Japan voted 7-2 to maintain its policy balance rate unchanged at -0...
Overall, it has been a relatively quiet week in the FX market, especially under the circumstances. Indeed, the lack of fresh news from the ongoing trade negotiations between the US and China has compelled investors to focus their attention on Brexit developments...
The Chinese economy continues to suffer under US tariffs and slower domestic demand, despite efforts by policy makers to provide economic stimulus. Factory output rose 5.3% annually but declined 0.4% from December. This is the weakest reading since 1995...
Currently trading at 0.85370, EUR/GBP is valued at a 22-month low, heading along 0.85510 short-term. Parliament is expected to start another Brexit vote at 17:00 GMT. The battle between to impose a negotiated Withdrawal Agreement continues...
