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Please find our updated Trading schedule for the Hong Kong National Day and Unification Day starting from 30th of September 2019. Times mentioned below are Platform time (GMT +3).

EUR/USD bulls went on the offensive Tuesday, consequently snapping a two-day losing streak and adding more than 25 points, or 0.24%. Sentiment among German executives improved slightly, according to the Institute for Economic Research.

In the early hours of London Monday, Europe’s single currency experienced a sharp change in mood versus the buck, dropping on the back of disappointing Eurozone flash metrics across the board.

Optimism over EU’s Juncker’s comments regarding the possibility of a breakthrough on the Irish backstop turned out to be reasonably short lived. The British pound decisively switched lower vs. the dollar Friday following various EU officials claiming the UK has still not delivered proposals compatible with the principles of the existing Withdrawal Agreement.

Key risk events today: Canada Core Retail Sales m/m and Retail Sales m/m. EUR/USD: EUR/USD prices head into Asia Pac hours relatively unchanged this morning, confined within Wednesday’s range at 1.1075/1.1013. In light of Thursday’s lacklustre performance, much of the following points aired in Thursday’s technical briefing will be employed today. The next port of … Continue reading Friday 20th September: Light economic calendar may draw technical levels to the forefront of action.