brexit

The GBP/USD was 0.4% lower than USD to 1.1912 when the UK Parliament declined the Brexit plea. Despite the slump, strategists assured investors a no-deal Brexit is still avoidable. UK PM Boris Johnson met with MPs last week in another attempt to secure Britain’s withdrawal from the EU...

Brexit talks are deadlocked British Prime Minister Theresa May asked the European Union to delay Brexit until June 30, 2019. Will the GBPUSD fall? Such dynamics indicate the weakening of the British pound. In accordance with the referendum held on June 23, 2016, the United Kingdom had to leave...

Dollar strengthens despite Q4 GDP downgrade US stock market rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500rose 0.4% to 2815.44. The Dow Jones industrial average advanced 0.4% to 25717.46. Nasdaq composite index added 0.3% to 7669.17. The dollar...

Technical setup bullish for GB100 Slowing mortgage and sales data followed preceding report of better than forecast retail sales in February. Will the GB100 advance continue? UK economic data have been mixed recently: retail sales growth in the UK was little changed in February, ticking to 4%...

Dollar weakening stalls despite soft data US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing...

LONDON (Reuters) - The British pound was unchanged on Friday at the end of its best week since January, as investors waited for next week's parliamentary vote on Prime Minister Theresa May's deal to exit the European Union. Sterling has rallied this week - it is up 1.7 percent against the...

Dollar weakening pauses as inflation rises US stock market added to previous session gains on Tuesday led by the health care and utilities shares. The S&P 500 gained 0.3% to 2791.52. Dow Jones however slid 0.4% to 25554.66 dragged by continued slump of Boeing as more airlines grounded their...

Dollar weakens despite retail sales recovery US stock market rebounded on Monday led by technology shares. The S&P 500 advanced 1.5% to 2783.30. Dow Jones industrial gained 0.8% to 25650.88. The Nasdaq composite jumped 2% to 7558.06. The dollar weakening accelerated despite data showing above...

Preparing for a new Brexit vote On Tuesday, March 12, 2019, the House of Commons may vote on terms of the UK’s exit from the European Union. Is there a possibility for a big EURGBP change? Such dynamics indicate the weakening of the euro and the strengthening of the British pound. On March 11...

Dollar strengthens despite weaker than expected data US stock market extended gains on Friday as the US and China moved closer to a trade deal ahead of the March 2 deadline when tariffs on $200 billion in Chinese goods should increase to $25% from 10%. S&P 500 advanced 0.7% to 2803.69, closing...

US stock indexes gained after US President Donald Trump's announcement that he would postpone the increase in import duties on Chinese goods Previously, it was supposed to introduce duties of 25% for Chinese goods supplied to the US amounted 200 billion $ a year from March 1, 2019. A meeting...

On Monday the US stock exchanges did not work due to the President's Day holiday The ICE US Dollar index almost did not change. Now futures on US stock indexes are being traded with a slight decrease. Significant macroeconomic statistics is not expected to be published in the United States...

Slowing retail sales bearish for GB100 UK’s retail trade growth slowed in December. Will the GB100 continue declining? Recent UK economic data were negative: retail sales growth in the UK eased to 3% over year in December 2018. The expectations were retail sales would remain steady at 3.6%...

The Swish National Bank reduced the volume of reserves In this review, we suggest considering another currency pair with the British pound. Is there a possibility for the GBPCHF to rise? Such dynamics indicate the strengthening of the British pound and the weakening of the Swiss franc. The...

Tom Franklin of https://www.Springboardyourtrading.com here. In our new video series we will be posting live trading videos where we show live trading examples and explain how/why we traded during that period of time. For those of you who do not know about SpringBoard Trading, we focus on...

Sterling still remains under pressure as the ongoing Brexit anxieties let sellers to attack and it slumped to a 31 year low. As Britain has voted to leave EU, the economy might see slowdown as most of the exports of UK are with EU countries, which might hamper productivity and employment. Pound...

Global financial markets witnessed an extreme volatility on Friday, after Fed Chair Janet Yellen’s speech to central bank officials at Jackson Hole Economic Symposium. The U.S dollar initially plunged sharply against all of its peers but bounced back even more strongly later following the...

Hi, I will try and keep this short and simple. I'm moving to the USA soon from the UK. GBP has taken such a hammering over brexit that it has already made it a lot harder. I would like to leverage some of my savings in order to hedge against further devaluation of GBP against USD. Can anyone...

Hi guys! I am checking on the status of trading in the past weeks after the Brexit happened. I am very anxious as the first days after the said change really affected the trading esp in their country. I would just like to ask anyone if does it made a great effect on your side?

I have been reading a little about hedging strategies. One that seems to have received some criticism is the “buy/sell” strategy of going short on the same pair you are going long on (or vice versa). I realise you would be paying double on the spread if you do this, but might it work as a...