British pound drops sharply lower against the US dollar, following bearish comments from Bank of England Governor Mark Carney.
Friday is US nonfarm payrolls day, which means currency traders, stock investors and other market participants will be glued to the economic calendar at 12:30 GMT. What should we expect from the NFP report? Stay on top of the markets with this 6 April Market Moving Fundamental Events Analysis as it features other markets drivers from around the world.
Wednesday 12 April UOB Daily Forex Trade ideas - Focus on both Cable and Loonie today, today BoE Governor Mark Carney and BoC Governor Poloz speak today. With geopolitical issues still in the forefront, will traders take bearish or bullish positions on GBP and CAD?
2017 Week16 EURUSD Outlook - Coming week’s insight into possible trading opportunities for EURUSD closed last week 20+pips above previous week's close. However, outlook remains bearish in light of uncertainty of the French election results. Expect EUR rebound this week?
Thursday 20 April UOB Daily Forex Trade ideas - With the whole Eurozone in turmoil, surround by uncertainty. Will the Theresa May "googly" take the opposition wicket? Will BoE Mark Carney take a hawkish stance today? GBP bullish?
This 28 June BoE Carney speech GBPUSD forecast from ADS Securities' market analysis team will guide you in your trading today. Dig in!
The upcoming week is expected to be full of volatility. There are two utmost important developments which investors are going to follow carefully:
From the Eurogroup meetings yesterday, Greece came under renewed criticism over the proposal sent to the euro-zone finance ministers last Friday. As the country doesn’t seem to have a reasonable Plan.
This is what BoE has to warn about Brexit should Britain vote to leave the European Union. So far, GBPUSD has devalued by 3.1% ans is trading at $1.4240
Thursday 9 February Daily Forex trading tips, gold reached a three month high yesterday and greenback sliding. Are we witnessing the commencement of a currency war? What will BoE Governor Mark Carney say later today? Expect USD strengthening in short term before the bulls take control? Bullish USD? Bearish GBP?