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.



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 :

Trading news


Stimulus talks calm market nerves; dollar eases

  White House and Democrats restart stimulus talks, stocks come back [...]

Posted on Friday, 25 Sep, 2020 / 9:58 under

OIL tracking equities higher – US OIL Market Outlook – 25/09/2020

WTI Crude managed to end yesterday’s session above the $40 pbl mark, [...]

Posted on Friday, 25 Sep, 2020 / 7:35 under

US Stimulus Talks triggered a rebound on the DOW – DOW JONES Market Outlook – 25/09/2020

Comments out of House Speaker Pelosi and Treasury Secretary Mnuchin stating [...]

Posted on Friday, 25 Sep, 2020 / 7:33 under