US equities sustained additional loss over the course of last week, despite an earnest attempt to reclaim control of the 2018 yearly opening level at 24660.
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Dec
2018
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14
Dec
2018
Friday 14th December: Slew of European manufacturing data eyed in early London today – remain vigilant!
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The ECB stood pat on rates and confirmed the conclusion of QE whilst maintaining their guidance on rates
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Dec
2018
Thursday 13th December: ECB monetary policy decision eyed ahead of US open.
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UK PM May survived a no confidence motion against her leadership Wednesday, winning the vote by 200 – 117. The vote represented a comfortable victory.
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2018
Wednesday 12th December: EU unwilling to re-open Brexit negotiations drags pound sub 1.25 – what’s the next play here?
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The single currency relinquished further ground to the US dollar Tuesday, recording its second consecutive daily loss.
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Dec
2018
Tuesday 11th December: Greenback on strong footing this morning amid Brexit jitters.
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EUR/USD: After decisively running stop-loss orders above H4 resistance (yellow) at 1.1434/1.1418 in early Asia Monday, the EUR/USD fell sharply. Further selling was observed throughout London and US sessions, as the greenback benefited from Brexit woes and fears of a global economic slowdown. Stop-loss orders beneath 1.14 were also tripped yesterday from traders looking to … Continue reading Tuesday 11th December: Greenback on strong footing this morning amid Brexit jitters.