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May Faces Difficulties Keeping Cabinet United Over Brexit

February 23, 2018 Forex news – Binary options 0

Theresa May is braced for her Cabinet to split when the European Union rejects her demands for a sweeping free trade deal, after her senior team agreed to put off the hardest Brexit decisions until later.Despite the Cabinet truce after months of internal division, three senior government officials said May will face her most challenging…

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USD/CAD – Loonie Rallies on Inflation Data

February 23, 2018 Forex news – Binary options 0

Statistics Canada data this morning showed that headline inflation in Canada slowed last month, while measures of underlying prices strengthened to their highest level in 18-months. Canada’s consumer-price index rose +1.7% y/y in January, following a +1.9% advance in December. Market expectations were for a +1.5% lift. On a month-over-month basis, prices rose +0.7% in…

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A Guide to the Italian Election

February 23, 2018 Forex news – Binary options 0

Italians go to the polls on March 4 in an election that could either help to rebalance the political environment or send shockwaves through the country and beyond.Voting will take place between 7 a.m. (1 a.m. ET) and 11 p.m. local time. The result is not expected to be officially counted until 2 p.m. Monday,…

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Fed Rhetoric to Dictate Dollar Direction

February 23, 2018 Forex news – Binary options 0

Friday February 23: Five things the markets are talking about Ahead of the U.S open, Euro equities are struggling for direction after a positive Asian session as the market debates the outlook for central banks ‘normalizing’ their policies. Euro bonds have gained along with Treasuries, while the dollar steadies after yesterday’s drop. With no U.S…

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EURUSD short 1.2380 correction levels.

February 23, 2018 Forex news – Binary options 0

EURUSD short 1.2380 correction levels. EUR/USD OANDA:EURUSD meszaros EURUSD             short 1.2380 correction level. If the exchange rate does not get momentum, this ATR can only make a previous wave size. At this point, the correction level of 1,2380 could be the best entry for an additional downward wave. If our assumption is correct, it…

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50 50 Chance of Halting Brexit

February 23, 2018 Forex news – Binary options 0

Opponents of Britain’s exit from the European Union are preparing a major campaign they say now has close to a 50:50 chance of stopping Brexit by blocking Prime Minister Theresa May’s divorce deal, a leading pro-EU campaigner said.With Britain scheduled to leave the EU in March 2019, opponents of Brexit are exploring various ways to…