Trading news

Tories Win the UK Elections, US and China Agree on “Phase One” Deal

The pound skyrocketed overnight, outperforming all the other G10 currencies, after the UK election exit polls suggested that the Conservatives will get an 86-seat majority in Parliament. Elsewhere, equities rallied and safe havens slid on news that the US and China have reached a “deal in principal” over trade. We also had an ECB policy meeting yesterday, with the new President, Christine Lagarde, saying that there are some stabilization signs in growth slowdown.

 

GBP RALLIES AS CONSERVATIVES GAIN PARLIAMENT MAJORITY

The pound rallied against all of the other G10 currencies on Thursday and during the Asian morning Friday. It gained the most against JPY, CHF and CAD, while it eked out the least gains versus NOK, AUD and NZD.

Read the full article on JFD Research.

JFD Review

Friday, 13 Dec, 2019 / 9:51

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.jfdbank.com/en/research/tories-win-the-uk-elections-us-and-china-agree-on-phase-one-deal-20191213

Trading news

 

Euro slips after ECB; stocks stage another comeback

  Euro/dollar breaks lower as ECB is a touch more dovish than [...]

Posted on Friday, 24 Jan, 2020 / 10:18 under

Coronavirus Stays in Spotlight; EUR Slides on ECB, EZ and UK PMIs in Focus

Most major EU indices traded in the red for another day, and while the US ones [...]

Posted on Friday, 24 Jan, 2020 / 8:47 under

Golden Cross Pattern on NZD/USD Daily Chart

A bullish golden cross pattern (50-period moving average crossing above the [...]

Posted on Thursday, 23 Jan, 2020 / 11:17 under