5 important things this week will bring us!
What are the main events for this week? Find out from the news!
UK CPI
| British inflation is currently above the Bank of England’s 2% target. In September, the indicator hit 3%, its highest level for more than five years. |
| As inflation is one of the main factors affecting monetary policy of British central bank, its release at 11:30 MT time on November 14 will have a big impact on the GBP. This can be a great opportunity to trade GBP/USD, EUR/GBP and GBP/JPY. |
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American consumer sentiment is at a two-year minimum
In January, American consumer sentiment shrank to its lowest value since US leader was elected more than two years ago because an everlasting shutdown of the federal cabinet and financial market volatility drove worries of a steep deceleration in…
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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