Monday 4th November: Weekly technical outlook and review.
The headline seasonally adjusted UK manufacturing purchasing managers’ index (PMI) rose to 49.6 in October, up for the second successive month but remaining below the neutral 50.0 mark separating expansion from contraction, according to Markit.
Friday 1st November: Dollar records successive losses ahead of US non-farm payrolls.
Europe’s common currency finished unmoved against the buck Thursday, unresponsive to European growth and unemployment indicators.
US Daylight Savings : Updated Trading Schedule 2019
Please find our updated Trading schedule as US will enter Daylight Savings Time on Sunday, 03rd November, 2019.
Thursday 31st October: Technical outlook and review.
The Federal Open Market Committee (FOMC) cut its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75% on Wednesday, as expected, but specified the moves to ease policy could be approaching a pause.
Wednesday 30th October: Dollar index lower ahead of Fed meeting.
Key risk events today: German Prelim CPI m/m; US ADP Non-Farm […]
Tuesday 29th October: Safe-haven markets offered amid risk-on trade.
EUR/USD movement picked up a modest bid Monday amid risk-on trade, adding 20 points, or 0.19%. Overall, however, it was an otherwise quiet start to what indeed should be an eventful week ahead.
Monday 28th October: Weekly technical outlook and review.
Brexit-related fears along with a strengthening greenback further weighed on the British pound Friday, positioning the H4 candles a few points north of the 1.28 handle.
Friday 25th October: Dollar index testing weekly resistance at 97.72 – prepare for a possible pullback.
Friday 25th October: Dollar index testing weekly resistance at 97.72 – […]
European Daylight Savings : Updated Trading Schedule 2019
Dear Trader, Please find our updated Trading schedule as Europe will enter Daylight Savings Time on Sunday, 27th October, 2019.
