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GBP | USD Quarterly Forecast January – March 2020

Here are the main points of the GBPUSD Q1 Forecast in 2020:   US trade agreement with China just first step American economy ‘in a good place” UK faces economic struggles before new trade deals   In common with…

Be prepared as US Holiday leaves markets thinly traded

  UK house prices recover in January Negative economic data announced in Japan   It is Martin Luther King Day in the US. So, to quote Stevie Wonder, ‘Happy Birthday to ya’. It does mean the US markets will not be…
100 US Dollar banknotes and USA flag

Upturn in US data fails to lift Dollar

  US retail sales data awaited – improvement forecast China grows at slowest rate in 10 years   Yesterday brought a sharp improvement in US manufacturing sentiment and better than forecast core retail sales but the…
US Dollar and Chinese banknotes next to each other

US-China trade deal is only a break on a long journey

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  German growth expected at worst in 7 years Rand strength should follow forecast improvement in Retail Sales   The US-China trade deal due to be signed today should not be considered as a destination for this process;…

US Dollar stronger on easing Middle East tensions

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Middle East tensions ease and market reacts Mixed data keep Australian Dollar stable US employment report awaited Sharp drop in Canadian building permits Other than the Sussex’s sulky retreat into wealthy solitude, the theme…

Sterling strongest currency performance so far

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Pound pick of the currencies this week Global growth downgraded The Japanese Yen and Swiss Franc, currencies traditionally counted on by the markets as “safe havens”, retreated as tensions between the US and Iran began to ease.…

2020: A New Decade Dawns

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UK economic improvement in early January data releases Eurozone manufacturing better but Euro not out of the woods Could the Euro pick up the pieces on employment data? Disappointing data from China dents Australian Dollar The…

Currency markets remarkably calm after Iran missile attacks

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Australian house building in surprise jump Drop in German factory orders stalls Euro US Dollar movement likely today The foreign exchange market is surprisingly calm in spite of Iran’s missile attacks on US troops. The price of…

US Dollar tumbles on latest Middle East tensions

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Dollar weakens as Iran and Iraq tensions ease UK data beats forecasts and GBP strengthens A reappraisal went on yesterday. Traders and investors were assessing whether the US v Iran rhetoric would progress into all-out war and determined…

Boris brings Brexit back…

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Sterling slipped this morning on the news that Boris Johnson plans to take a hard position on the Brexit transition period and to utilise the Withdrawal Bill so there would be no extension to the transition.