IronFX Daily Commentary by Charalambos Pissouros | 24/01/2017
January 24, 2017 9:16 amVideo
Latest News
- Dollar appeals the verdict May 8, 2023
- Analysis of GBP/USD on May 8. The Bank of England meeting may collapse the pound May 8, 2023
- EUR/USD. Trapped in a flat May 8, 2023
- Analysis of EUR/USD on May 8. The euro currency remains around the 10th figure May 8, 2023
- Can US inflation data turn the tide in the dollar? – Forex News Preview May 8, 2023
- Technical Analysis – USDJPY pauses rebound at 50-SMA May 8, 2023
- AUD/USD Outlook for May 8, 2023 May 8, 2023
- Technical Analysis – EURUSD keeps focus on 1.1100 May 8, 2023
- Gold sentiment for the current week May 8, 2023
- AUD/USD: Upward trend in full swing as RBA strengthens Aussie’s position May 8, 2023
- Video market update for May 08, 2023 May 8, 2023
- Technical Analysis – US 500 index rises after another bounce off 50-day SMA May 8, 2023
- Weekly Technical Analysis – GBPUSD, EURUSD, AUDUSD May 8, 2023
- GBP/USD: simple tips for beginning traders on May 8. Analysis of yesterday’s trades May 8, 2023
- Forex forecast 05/08/2023 EUR/USD, USD/JPY and AUD/USD from Sebastian Seliga May 8, 2023
- GBP/USD: Will the Bank of England go further than the Fed and the ECB? May 8, 2023
- Weekly Technical Analysis: 08/05/2023 – GBPUSD, EURUSD, AUDUSD May 8, 2023
- Daily Market Comment – Dollar can’t catch a break despite solid NFP as CPI eyed May 8, 2023
- Bitcoin consolidates amid declining buying activity: what awaits the asset this week? May 8, 2023
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, US dollar index from May May 8, 2023
UK Supreme Court set to announce its decision on Brexit
• Should Parliament vote on triggering Article 50?
• If yes, greater involvement from lawmakers means reduced risk of a “messy” UK-EU divorce.
• Thus, if the Court rules Parliament should vote, GBP could experience another relief rally.
• If no, GBP may come under renewed selling interest, as the risk of a “hard Brexit” increases.
Trump withdraws US from TPP, promises to cut taxes and regulations
• Withdrew the US from TPP, and reiterated he will cut taxes and regulations “massively”.
• Although one would expect these to support USD, the currency finished the day lower.
• Investors may be looking for numbers, not just rhetoric before playing the “Trump trade” again.
• Attention now turns to NAFTA renegotiations (could hurt MXN) and the government’s budget (6th of Feb.).
As for the rest of today’s highlights:
• France, Germany & Eurozone: Prel. Manuf. and services PMIs for Jan. Expectations are for most indices to stay unchanged, or rise a bit, something that could support EUR a bit.
• US: Markit manufacturing PMI for Jan. and existing home sales for Dec.
• Speakers: ECB Executive Board member Sabine Lautenschlager.
Join us for more technical and fundamental analysis: http://www.ironfx.com
To get the latest Forex trading news you should:
• Download the IronFX Research app: http://goo.gl/jhQIxO
• Like us on Facebook: https://www.facebook.com/IronFX
• Follow us on Instagram: https://www.instagram.com/ironfx
• Follow us on LinkedIn: https://goo.gl/wSEbPN
• Follow us on Twitter: https://twitter.com/IronFXGlobal
• Circle us on Google+: https://www.google.com/+Ironfxglobal
• Subscribe to our Channel: http://bit.ly/1foFmCU
Related Posts: