Risk appetite has recovered a bit…
Tag - gbp
The British Q4-2019 preliminary GDP is released at 11:30 MT time on Tuesday.
Flipping the page to open a new week. What are the major events planned for these days in Forex?
NFP is a driver of the day! Check levels for EUR/USD, GBP/USD, USD/JPY, and USD/CAD.
EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday.
Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.
Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.
US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
Finally, it happened: on January 31, 2020, the UK officially left the European Union. It was a long way since June 2016 when the Brexit referendum took place. Many things have changed. Nevertheless, it’s not the end yet.
Today is the last day of January. What are the main market movers so far and what should we trade?
Brexit Deadline is the most significant event of the day. Plenty of European releases will affect the euro. Personel Income and Spending will affect the USD.