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News

Reuters poll: Chances of disorderly UK exit from EU fell to 30% from 35%
According to a recently conduıcted poll by Reuters, the probability of the United Kingdom crashing out of the European Union without a deal is now at | 15/10/2019 15:00
According to a recently conduıcted poll by Reuters, the probability of the United Kingdom crashing out of the European Union without a deal is now at 30%, down from 35% reported in September's poll.
The majority of economists polled also see an EU-UK free trade agreement as the most likely eventual outcome of Brexit. 44 out of 49 economists that took part in the survey thin that Brexit will be delayed beyond October 31.
Regarding the Bank of England's (BoE) policy outlook, economists see the bank leaving the policy rate unchanged at 0.75% until the second half of 2021.
The GBP/USD pair was last seen trading at 1.2625, adding only 0.15% on a daily basis.
Popular News
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FX option expiries for Jan 19 NY cut
FX option expiries for Jan 19 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.2000 1.1bn 1.2100 567m 1.2190 1.4bn | 19/01/2021 06:21
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EU Commission to back plans for more economic, financial autonomy – Bloomberg
The European Commission is set to unveil a blueprint on Tuesday, which will outline how the European Union (EU) can strengthen the internationalizatio | 19/01/2021 06:05
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USD/CHF Price Analysis: Bulls eye confirmation of cup-and-handle on 4H
USD/CHF picks up bids near 0.8912, up 0.05% on a day, ahead of the European session open on Tuesday. In doing so, the pair flirts with the resistance | 19/01/2021 05:53
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RBA to extend QE beyond April – NAB
The Reserve Bank of Australia (RBA) could likely extend its A$100 billion ($77.05 billion) government bond-buying programme beyond April when it meets | 19/01/2021 05:49
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GBP/USD: US dollar weakness, Brexit chatters favor bulls around 1.3600
GBP/USD extends the previous day’s recovery moves above 1.3600, currently up 0.15% intraday around 1.3605, while heading into the London open on Tuesd | 19/01/2021 05:29
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EUR/USD testing 1.2100 amid USD pullback, ahead of ZEW, Yellen
EUR/USD trades close to 1.2100, holding onto the recovery mode ahead of the European open. The recovery in the risk sentiment amid expectations of add | 19/01/2021 05:15
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USD/INR Price News: Hanging man on 4H tests Indian rupee sellers above 73.00
USD/INR trims early Asian losses while rising to 73.18 during the initial Indian session on Tuesday. Even so, the quote fails to convince the buyers a | 19/01/2021 04:44
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BOJ may make ETF buying more flexible in March – Reuters poll
The Bank of Japan (BOJ) is expected to make its Exchange-Traded Funds (ETF) and Real Estate Investment Trusts (J-REIT) buying more flexible when the b | 19/01/2021 04:36
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Gold Price Analysis: XAU/USD’s downside appears cushioned ahead of Yellen’s hearings – Confluence Detector
Having tested the $1800 level, Gold (XAU/USD) extends Monday’s swift recovery ahead of the much-awaited Treasury Secretary nominee Janet Yellen’s Sena | 19/01/2021 04:18
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Asian Stock Market: Trades mixed even as Nikkei 225, ASX 200 jump over 1.0%
Asian stock markets fail to cheer the gains made in Japan and Australia as equities from surrounding the dragon nation turn red during the early Tuesd | 19/01/2021 04:14
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AUD/USD Price Analysis: Bounces off 21-day SMA to snap two-day downtrend
AUD/USD takes the bids near 0.7711, up 0.33% intraday, during early Tuesday. The Aussie pair dropped to the lowest in two weeks the previous day after | 19/01/2021 03:36
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USD/CAD holds above key support near 1.2715 ahead of data, Yellen
USD/CAD extends decline in tandem with the US dollar. The bulls defending the critical support near 1.2715, for now. Focus shifts to the Canadian dat | 19/01/2021 03:17
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China’s NDRC: There will be no sudden shift to monetary policy this year
The National Development and Reform Commission, China’s state planner said Additional quotes “Will roll out more targeted measures to help companies.” | 19/01/2021 02:32
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Moody's: Despite fragile recovery, credit conditions for APA corporates likely to improve in 2021
Moody’s Investors Service, the US-based ratings agency, is out with its latest review report on the Asia-Pacific (APAC) corporates for 2021, in light | 19/01/2021 02:29
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Biden rejects Trump’s push to lift COVID-19 European travel restrictions - WSJ
US President-elect Joe Biden is considering plans to extend the European travel restrictions, blocking President Donald Trump’s move to lifted those r | 19/01/2021 02:20
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US Dollar Index Price Analysis: Drops back towards fortnight-old support below 91.00
US dollar index (DXY) remains on the back foot around 90.68, down 0.10% intraday, during early Tuesday. The greenback gauge versus major currencies su | 19/01/2021 02:19
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IMF’s Georgieva: High degree of uncertainty persists in global outlook
The global economic outlook remains highly uncertain and therefore the International Monetary Fund (IMF) needed more resources to help heavily indebt | 19/01/2021 02:04
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S&P 500 Futures gain half a percent towards 3,800 as markets brace for Biden welcome
S&P 500 Futures probe the intraday high while taking the bids near 3,783 during early Tuesday. The risk barometer rises for the second consecutive day | 19/01/2021 01:54
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AUD/JPY Price Analysis: Bulls target daily resistance
The price has rallied from the structure in what could be an extended correction of at least 50% mean reversion of the recent bearish daily impulse. T | 19/01/2021 01:37
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USD/JPY Price Analysis: Picks up bids below key hurdles under 104.00
USD/JPY rises to 103.76, up 0.09% intraday, amid initial Tuesday trading in Tokyo. In doing so, the yen pair not only refreshes the intraday high but | 19/01/2021 01:25
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USD/CNY fix: 6.4882 vs last close of 6.4921
In recent trade today, the People’s Bank of China (PBOC) set the yuan mid-point against the dollar at 6.4882 vs the last close of 6.4921. About the fi | 19/01/2021 01:18
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Gold Price Analysis: All eyes on the greenback and US yields
Gold prices are trading at $1,838.76 and between a low of $1,836.11 and $1,839.47. Pressured by a relentless correction in the greenback, gold prices | 19/01/2021 00:54
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AUD/USD: Risk-on mood, upbeat second-tier Aussie data back bulls attacking 0.7700
AUD/USD jumps to 0.7698, at an intraday high with 0.10% gains, during Monday’s Asian session. The aussie pair recently benefited from upbeat data at h | 19/01/2021 00:42
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Australia HIA New Home Sales (MoM) climbed from previous 15.2% to 32.5% in December
Australia HIA New Home Sales (MoM) climbed from previous 15.2% to 32.5% in December | 19/01/2021 00:11
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EUR/USD Price Analysis: Falling wedge on 4H tests bearish impulse below 1.2100
EUR/USD portrays choppy trading moves between 1.2075 and 1.2080, currently near 1.2076, during Tuesday’s Asian session. The pair dropped to the lowest | 19/01/2021 00:05
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NZD/USD: Sellers attack 0.7100 during three-day downtrend despite positives at home
NZD/USD remains on the back foot for the third consecutive day while easing to 0.7110 during Tuesday’s Asian trading. In doing so, the kiwi pair fades | 18/01/2021 23:42
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New Zealand Electronic Card Retail Sales (MoM) increased to 19.2% in December from previous 0.1%
New Zealand Electronic Card Retail Sales (MoM) increased to 19.2% in December from previous 0.1% | 18/01/2021 23:37
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GBP/CAD Price Analysis: Choppy consolidaton with bullish bias
GBP/CAD bulls remain in the game to target the 1.7470s. MACD holds above zero and the 20-EMA supports. Further to the prior session's analysis, GBP/CA | 18/01/2021 23:25
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GBP/USD Price Analysis: Monday’s bullish pin bar keeps buyers hopeful
GBP/USD picks up bids around 1.3590 amid the initial Asian trading session on Tuesday. In doing so, the Cable justifies its bounce off 21-day SMA and | 18/01/2021 23:03
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USD/CAD consolidates around 1.2750 as loonie traders digest imminent Keystone pipeline cancellation
USD/CAD hit highs at pretty much bang on the 1.2800 level during the early part of Monday’s European session, but the pair has since reversed to trade | 18/01/2021 22:50
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The information provided herein is for general informational and educational purposes only. It is not intended and should not be construed to constitute advice.
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