A significant part of posts are of her interesting TV interviews. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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A lull in high-profile event risk translated into quiet consolidation across the G10 FX space in Asia Pacific trade. The headline on-year inflation rate is expected to rise to 2. The British Pound suffered heavy losses yesterday ahead of a House of Commons vote on an amendment that would force the UK into the EU customs union if no new post-Brexit trade agreement were reached.
Prime Minister Theresa May opposed the move and speculation that it might pass anyway stoked worries about an imminent leadership challenge. The government prevailed by a razor-thin majority, de-escalating the situation at least somewhat. Later in the day, another day of testimony from Fed Chair Powell is in focus.
This time, he will appear in the House of Representatives having spoken before a Senate Committee yesterday. A hawkish lean in those comments drove the US Dollar higher yesterday, as expected.
More of the same coupled with an upbeat Fed Beige Book survey might keep the greenback on the offensive. See our free guide to learn how t o use economic news in your trading strategy! See the full economic calendar here. To contact Ilya, use the comments section below or IlyaSpivak on Twitter. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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She provides interesting technical and fundamental analysis, forex signals and strategies. A significant part of posts are of her interesting TV interviews. Get the 5 most predictable currency pairs.
Ending the year on a high note… ForexLive. Ramiro on Dec 22,