- Trade views
- Must reads
Calendar event / 3 hours agopreviousforecastactualHigh Jobless Claimants % of Workforce2.4%2.8%High Jobless Claimants-Adj+11800+20800Med Avg Earnings Ex-Bonuses, 3-Mo+3.3%+3.3%+3.3%Med Unemployment Rate, 3-Mo4.1%4.1%4%Med Unemployment, Net Chg, 3-Mo+20000+8000
Squawk / 5 hours agoShaun Downey’s Weekly FX update; w/c 21-01-19 by Shaun Downey
US Dollar Index builds on bullish signal with push through important resistance
Minor posiitve on EURUSD
EURGBP positive signal
USDJPY upside risks
AUDUSD and NZDUSD cautious
AUDNZD upside risks
See the full video analysis here: https://www.fxexplained.co.uk/forex-articles/technical-analysis/shaun-downeys-weekly-fx-update-w-c-21-01-19/
Squawk / Sunday at 19:19 GMTHello,
New week news startegies, confused about which way market moves? gold will rise or fsll, euro, gbp will risr along or go against? Brexit impact still reflecting pound? All your questions will answer at one place...
Ask us for free trial for trading signals for commodities and forex.
we are hearing..
thanks and regards
Calendar event / Friday at 15:00 GMT
US University of Michigan Survey of Consumers - preliminary datapreviousforecastactualHigh Mid-Mo Sentiment97.596.490.7Med Mid-Mo Current Idx115.2110Med Mid-Mo Expectations86.1
Calendar event / Friday at 14:15 GMT
US Industrial Production & Capacity UtilizationpreviousforecastactualHigh Industrial Production, M/M%+0.6%+0.2%+0.3%High Capacity Utilization %78.5%78.5%78.7%Med Capacity Utilization, Net Chg (Pts)+0.4+0.1
Squawk / Friday at 6:54 GMTThe Pound stays strong with GBPUSD technical shift to bullish
In a prior report earlier this week we highlighted growing risks of a more bullish technical shift for the GB Pound, in particular noting bullish threats versus the generally weak US Dollar.
Although the US Dollar has actually managed to post some notable corrective gains against other major currencies this week (Yen, Euro, the risk currencies including AUD and NZD), the Pound has also posted strong gains versus the US Dollar.
This has been in a turbulent Brexit week, with Prime Minister Theresa May’s deal being rejected by Parliament and the government surviving a vote of no confidence.
The apparent move away from a potential “no deal” scenario and also away from a possible general election has seen the GB Pound benefit, with a bias for further GBPUSD gains.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/the-pound-stays-strong-with-gbpusd-technical-shift-to-bullish/
Calendar event / Thursday at 13:30 GMT
US Unemployment Insurance Weekly Claims Report - Initial ClaimspreviousforecastactualHigh Jobless Claims216K220K213KHigh Continuing Claims17220001737000Low Jobless Claims, Net Chg-17K-3KLow Continuing Claims, Net Chg-28K+18K
Calendar event / Wednesday at 9:30 GMT
GB UK producer pricespreviousforecastactualHigh Output PPI, Y/Y%+3.1%+3%+2.5%Med Core Output PPI, M/M%+0.1%+0.2%Med Core Output PPI, Y/Y%+2.4%+2.5%Med Input PPI, M/M%-2.3%-1.6%-1%Med Input PPI, Y/Y%+5.6%+3.5%+3.7%Med Output PPI, M/M%+0.2%0%-0.3%
Squawk / Wednesday at 6:40 GMTPound and FTSE retain a positive bias through key Brexit vote
The key Brexit vote came and went on Tuesday evening with a far larger defat for the government than anticipated, but with the net impact on UK financial markets muted.
The GB Pound saw a significant selloff with GBPUSD lower before and after the vote, but then a strong intraday rebound leaves GBPUSD in a technically positive position.
The FTSE 100 did dip, but again recovered, leaving risks skewed higher in the short-term.
The focus now shifts to today’s debate for a vote of no confidence in the government.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/pound-and-ftse-retain-a-positive-bias-through-key-brexit-vote/
Calendar event / 15 January 2019 at 13:30 GMT
US PPIpreviousforecastactualMed PPI, M/M%+0.1%-0.1%-0.2%Med Ex-Food & Energy PPI, M/M%+0.3%+0.2%-0.1%Med Personal Consumption-0.1%-0.2%