Market updates on October 15
The GBP is going to be volatile today, while USD/TRY may be looking for a retest of its highs. Read more!
The ECB brings an opportunity to the EUR traders
The European central bank will conduct its press conference on January 24 at 15:30 MT time.
We anticipate the interest rate to remain at the same level of 0%. However, ECB president Mario Draghi, who is known for his unexpected statements, may provide some supportive data for the EUR amid the global uncertainties and the economic instability in Italy and Germany.
• If the European central bank is hawkish, the EUR will rise;
• If the European central bank is dovish, the EUR will fall;
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Market updates on October 11
Brexit optimism is driving the pound higher and the second day of trade talks is on the agenda.
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Market updates on October 16
The escalation of the US-China trade dispute and the Brexit uncertainties keep affecting the market. Read more!
Brexit deal is close? GBP/USD has risen by more than 140 pips!
The reports that the UK and the EU are close to complete a draft Brexit deal have pushed the British pound higher.
Market updates on October 15
The GBP is going to be volatile today, while USD/TRY may be looking for a retest of its highs. Read more!
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