Brexit Briefing: GBP/USD Well Placed to Gain as Brussels Talks Proceed

Talking Points – The British Pound is well placed to make further gains once the current sideways trend ends. – Little is expected from the fourth round of Brexit talks so any disappointment will likely be limited. Check out our Trading Guides: they’re free and have been updated,with several new ones now available including Forex […]

Asian-Markets-Slip-Trump-and-Brexit-on-Their-Minds_body_Picture_4

Asian Markets Slip, Trump and Brexit on Their Minds

Talking Points: Asian markets broadly lower as investors prefer haven assets while waiting for Donald Trump’s inauguration Chinese stocks were the clear exception Sterling has retraced a little, while the US Dollar has clawed back some ground Asian markets were broadly weaker on Wednesday, following Wall Street’s lead. Shares there dropped on Tuesday as investors […]

Weekly-Trading-Forecast-December-Expectations-Face-Themes-Like-Brexit-Data-Like-NFPs_body_Chart_1

Weekly Trading Forecast: December Expectations Face Themes Like Brexit, Data Like NFPs

December is historically one of the more quiet trading periods of the year. However, an antsy market heading towards protectionism makes a docket loaded with events like US NFPs, an OPEC meeting and BoE stability report a trading minefield. Australian Dollar Forecast – Australian Dollar at Risk on US Data, Trump Cabinet Appointments The Australian […]

Brexit-Threatens-British-Pound-Reserve-Currency-Status-Says-SP_body_gbpusd

Brexit Threatens British Pound Reserve Currency Status, Says S&P

Talking Points: S&P affirmed United Kingdom “AA” rating with negative outlook Ratings agency warned Brexit may hurt Pound’s global reserve role GBP/USD little-changed after S&P UK assessment update release The British Pound showed a reserved reaction against its major counterparts after S&P Global Credit Ratings Agency released its United Kingdom survey. The report said Brexit […]