european union

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...

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 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...

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...

SP500, Dow rise while Nasdaq slips US equities moved higher on Monday with focus turning to midterm congressional elections. The S&P 500 added 0.6% to 2738.31. Dow Jones industrial rose 0.8% to 25461.70. The Nasdaq composite index however lost 0.4% to 7328.85 led by Apple down another 2.8%. The...

The Japanese yen advanced today against most major currencies as China set conditions for their aid to the indebted nations of the European Union. http://www.topforexnews.com/2011/09/14/yen-gains-as-china-imposes-conditions-on-help-to-europe/