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FX Action so far | 06 December 2019

European stock markets moved higher, following on from broad gains in Asia overnight, as cautious optimism that a phase one trade deal between the...

6 days until UK election day!

With less than a week to go until the UK's general election, it's looking increasingly unlikely that Labour will close the popularity gap with...

Happy Non-Farm Friday

Happy Non-Farm Friday - The Dollar majors have remained comfortably within their respective ranges from yesterday, ahead of trade talks, NFP and the OPEC+...

Trade Balance and its importance

US trade deficit narrowed -7.6% to -$47.2 bln in October after shrinking -4.6% to -$51.1 bln in September (revised from -$52.45 bln). Exports declined...

EURGBP 31-month low under 0.8450

EURGBP, Daily  Cable has printed a seven-month high at 1.3147 and EURGBP a two-and-a-half-year low at 0.8430. Sterling has been continuing to unwind its Brexit...

OPEC day – OIL retests 58.70 once again

The markets are likely to consolidate around current levels given the recent volatility on the ebbs and flows of trade and tariff prospects. Hence...

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