Weekly British Pound Forecast: Inflation Report Due Ahead of BOE Meeting; Brexit Talks Ongoing
As Brexit talks persist, the BOE remains sidelined. And with the UK parliament prorogued, all attention is on UK PM Johnson's talks with his EU counterparts.
Top 5 Events: May UK Inflation Report & GBPUSD Price Forecast
The May UK inflation report (consumer price index) is due on Wednesday, June 19 at 08:30 GMT.
Crude Oil Price Test of Downtrend May Determine USDCADs Next Move
USDCAD losses in recent days have coincided with an uptick in crude oil prices. Will they continue？
Crude Oil Price Drop Helping USDCAD Hold Range Support
A larger than expected build in crude oil inventories is dragging down oil prices, and in turn, the Canadian Dollar.
British Pound Jumps as UK PM May Seeks Second Referendum on Brexit
GBPUSD prices are rallying sharply amid the last-ditch effort by UK Prime Minister Theresa May to prevent a no deal, “hard Brexit.”
Top 5 Events: April UK Inflation & GBPJPY Price Forecast
The April UK Consumer Price Index is due on Wednesday, May 22 at 08:30 GMT.
Top 5 Events: Q119 UK GDP & GBPUSD Price Forecast
The Q119 UK GDP report is due on Friday, May 10 at 08:30 GMT; consensus forecasts foresee a rebound in both quarterly and yearly growth rates.
Gold Forecast Turning Bullish as Price Returns Back into Triangle
A return into a consolidation can underpin a “false breakout,” which, if so, may mean that Gold prices may have more room to run higher.
Gold Price Forecast Could Turn Bullish Above This Key Level
Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over？
Next Brexit Steps to Prove Pivotal for EURGBP, GBPJPY, GBPUSD Prices
Brexit is out of the headlines for now. All of that will change next week.
Gold Prices Approach April Low, Hold at Symmetrial Triangle Support
Recent changes in positioning suggest that, if a triangle breakout occurs, it would likely be to the downside.
Top 5 Events: March UK Inflation & GBPJPY Price Forecast
The March UK Consumer Price Index is due on Wednesday, April 17 at 08:30 GMT.
Top 5 Events: February UK GDP & GBPJPY Price Outlook
Consensus forecasts expected UK industrial and manufacturing production to have contracted in February, and for GDP to come in flat.
Euro Q2 Forecast: Weak Price Outlook amid Political Uncertainty, Heightened Growth Concerns
The European economic environment yields nothing more than a gloomy picture, which could continue to hobble the Euro into the second quarter.
Euro Weekly Forecast: New Month, Quarter Bring EZ Inflation, Brexit Latest, US NFPs
The start of the second quarter and the first week of April bring about the typical smattering of ‘high’ rated events, including the RBA meeting.
Brexit Latest: GBPUSD Drops Below 1.3000 as Third Vote Fails
UK PM Theresa Mays EU-UK Withdrawal Agreement has been defeated again, this time by a margin of 286 votes in favor to 344 against.
GBPUSD Rudderless as PM May Loses Control of Brexit
UK PM Theresa May lost control of the Brexit process last night as MPs voted to put forward indicative votes to Parliament on Wednesday.
Sterling (GBP) Needs More Than Brexit Can-Kicking to Push Higher
Sterling moves back off Thursdays 10-day low after the EU said that Article 50 could be delayed until May 22 if the UK approves the current Withdrawal Agreement.