something interesting

<  BACK TO Market Analysis

 

  • Governor said he will stay at BOE one year longer than planned
  • Aims to help secure ‘orderly transition’ out of European Union
  • Theresa May might find the benefits of Mark Carney’s new personal Brexit strategy are rather short-lived.

    By choosing to leave the Bank of England in mid-2019 rather than his initial plan of 2018, Carney is giving the economy a helping hand through the end of the U.K.’s split with the European Union. Yet by still declining to serve a full 8-year term through 2021, he’s forcing the prime minister to search for a skilled successor just as those talks reach their climax and executives and investors are coming to terms with what the post-Brexit economy looks like.

    The BOE governor has been aggressive in providing stimulus to the British economy since the June referendum and his decision, after months of speculation over his future, provides a continuity that investors have welcomed. The key risk now is that with talks on the departure from the EU scheduled to begin by the end of March and last for two years, the economy will be struggling to find its feet outside the trading bloc before he leaves.

    “It’s a critical point, 2018 to 2019,” said Philip Shaw, an economist at Investec Securities in London. “It was tricky enough getting Carney into the job in the first place. In 2019 the challenge will be just as great.”

    That year will be a test for Europe as a whole, with Brexit and Carney’s departure set to take place just before the European Central Bank changes its own leadership. Mario Draghi is due to step down as president in October 2019 at a time when his institution might be tentatively trying to work out how to exit its own massive stimulus program.

    “This is the ultimate compromise,” said James Rossiter, senior global strategist at TD Securities in London, and a former Bank of England official. “If they are not quite done by then, hopefully negotiations are well underway and his departure is maybe not quite as negative for the economy.” The pound, down 18 percent since the June 23 referendum, has stayed higher since Carney’s announcement Monday. It traded at $1.2221 as of 12:52 p.m. in London. Carney’s choice won’t be welcome to everyone. The governor is not a popular figure among those who campaigned for Brexit, who argue he undermined the three-century old BOE by showing political bias during the referendum campaign and underestimating the economy’s resilience. Daniel Hannan, a member of the U.K. Conservative Party, told BBC radio on Monday that for Carney, “it’s important to comport yourself as a quiet and discrete public servant who errs on the side of saying too little.”The head of parliament’s Treasury Select Committee Andrew Tyrie -- who helped spark the debate about Carney’s tenure by requesting clarity at the start of this year -- is also critical of breaking the 8-year term set down in statute and said lawmakers will need to examine the decision when the governor next testifies. More Uncertainty “The Treasury Committee concluded in November 2011 that a non-renewable term of eight years for the post of governor was appropriate,” he said in a statement Monday. “More uncertainty needs to be avoided. So the decision requires a good deal of examination and explanation, which the Committee will seek when it next sees the Governor.”

    By remaining in the role, Carney may help to quell speculation that May could seek to curb the BOE’s independence. While she sought to row back on her comments last month that loose monetary policy has caused “bad side effects,” they fueled a fresh torrent of criticism of Carney by members of her party and prompted him to push back, saying that officials would not take instruction from lawmakers.

    One question lawmakers might ask is whether Carney would consider a further extension of his tenure if Brexit negotiations are still ongoing in 2019, given he is not tied to any fixed term.

    The transition to a new governor “may create some disturbance, especially if the negotiations are not concluded during the two years,” said Mikael Olai Milhoj, a senior analyst at Danske Bank A/S. That is “not an unrealistic scenario.”

    Source: bloomberg.com

     

  • Governor said he will stay at BOE one year longer than planned
  • Aims to help secure ‘orderly transition’ out of European Union
  • Theresa May might find the benefits of Mark Carney’s new personal Brexit strategy are rather short-lived.

    By choosing to leave the Bank of England in mid-2019 rather than his initial plan of 2018, Carney is giving the economy a helping hand through the end of the U.K.’s split with the European Union. Yet by still declining to serve a full 8-year term through 2021, he’s forcing the prime minister to search for a skilled successor just as those talks reach their climax and executives and investors are coming to terms with what the post-Brexit economy looks like.

    The BOE governor has been aggressive in providing stimulus to the British economy since the June referendum and his decision, after months of speculation over his future, provides a continuity that investors have welcomed. The key risk now is that with talks on the departure from the EU scheduled to begin by the end of March and last for two years, the economy will be struggling to find its feet outside the trading bloc before he leaves.

    “It’s a critical point, 2018 to 2019,” said Philip Shaw, an economist at Investec Securities in London. “It was tricky enough getting Carney into the job in the first place. In 2019 the challenge will be just as great.”

    That year will be a test for Europe as a whole, with Brexit and Carney’s departure set to take place just before the European Central Bank changes its own leadership. Mario Draghi is due to step down as president in October 2019 at a time when his institution might be tentatively trying to work out how to exit its own massive stimulus program.

    “This is the ultimate compromise,” said James Rossiter, senior global strategist at TD Securities in London, and a former Bank of England official. “If they are not quite done by then, hopefully negotiations are well underway and his departure is maybe not quite as negative for the economy.” The pound, down 18 percent since the June 23 referendum, has stayed higher since Carney’s announcement Monday. It traded at $1.2221 as of 12:52 p.m. in London. Carney’s choice won’t be welcome to everyone. The governor is not a popular figure among those who campaigned for Brexit, who argue he undermined the three-century old BOE by showing political bias during the referendum campaign and underestimating the economy’s resilience. Daniel Hannan, a member of the U.K. Conservative Party, told BBC radio on Monday that for Carney, “it’s important to comport yourself as a quiet and discrete public servant who errs on the side of saying too little.”The head of parliament’s Treasury Select Committee Andrew Tyrie -- who helped spark the debate about Carney’s tenure by requesting clarity at the start of this year -- is also critical of breaking the 8-year term set down in statute and said lawmakers will need to examine the decision when the governor next testifies. More Uncertainty “The Treasury Committee concluded in November 2011 that a non-renewable term of eight years for the post of governor was appropriate,” he said in a statement Monday. “More uncertainty needs to be avoided. So the decision requires a good deal of examination and explanation, which the Committee will seek when it next sees the Governor.”

    By remaining in the role, Carney may help to quell speculation that May could seek to curb the BOE’s independence. While she sought to row back on her comments last month that loose monetary policy has caused “bad side effects,” they fueled a fresh torrent of criticism of Carney by members of her party and prompted him to push back, saying that officials would not take instruction from lawmakers.

    One question lawmakers might ask is whether Carney would consider a further extension of his tenure if Brexit negotiations are still ongoing in 2019, given he is not tied to any fixed term.

    The transition to a new governor “may create some disturbance, especially if the negotiations are not concluded during the two years,” said Mikael Olai Milhoj, a senior analyst at Danske Bank A/S. That is “not an unrealistic scenario.”

    Source: bloomberg.com

    lastest Articles

    Market Analysis
    Forex Week Ahead – Central banks back to the fore
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Breaking: EUR/USD hits fresh highs as German Preliminary Manufacturing PMI beats estimates with 45.2
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Markets take a break from coronavirus fears, forward-looking data eyed
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    ECB’s Lagarde: To think that policy is on auto-pilot is ridiculous
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Higher USD/JPY is still on the cards – UOB
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Euro May Fall as the ECB Stays Cautious Despite Economic Upturn
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Coronavirus fears spread and weigh on markets, Aussie surges, all eyes on the ECB
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Euro Under Dark Clouds as Trump Threatens Auto Tariffs
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Stocks in Asia rise, mostly shrug off concerns over coronavirus
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BOE Preview: Goodbye Carney, hello rate cut? - Nordea
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    President Trump’s speech at WEF in Davos – Live
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Fed should turn to digital money to combat next recession
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    GBP/USD jumps to session tops, closer to mid-1.3000s on upbeat UK jobs data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD Forecast: Bears now await a break below 1.1065 confluence support
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Pound pressured by Brexit plans, oil bumps on Mod-East issues, Bitcoin hungover
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    ECB preview: It’s all about the strategy – ING
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week Ahead - BOJ, BOC, and ECB to keep rates on hold as markets focus on global PMI readings and earnings
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    US: Industrial production to retreat again in December – TDS
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    European stocks aim at fresh record on China data and Wall Street’s optimism
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Breaking: GBP/USD drops below 1.3100 after UK Retail Sales drop 0.6% MoM in Dec vs. +0.7% expected
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Crude Oil Futures: deeper pullback loses traction
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD prints weekly highs above 1.1160 ahead of ECB, data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Mixed feelings about the trade deal, US retail sales eyed, cryptos consolidate
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold Futures: further signs of consolidation
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Crude Oil Futures: an interim low seems in place
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Tariffs weigh on markets, pound recovers ahead of data, Bitcoin takes a breather
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD Price Analysis: Focus remains on the 200-day SMA near 1.1140
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    US: Focus on Fed speak and CPI today – Rabobank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Trade optimism sends USD/JPY above 110, cryptos climb, US inflation eyed
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week ahead – It’s a trade deal!
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Company News
    The WAIT Is Over
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BOE’s Tenreyro: UK labor market is not tightening further, GBP/USD drops 20-pips
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD stays cautious near 1.1100 ahead of Payrolls
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    AUD/USD pares early gains, turns red near 0.6860
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold drops to fresh weekly lows, around $1540 level
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Sell-offs in gold, oil and Bitcoin following Mid-East calm, central bankers eyed
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    GBP/JPY Technical Analysis: Bulls struggling near 141.20-30 confluence support
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold hits fresh multi-month tops, around $1545 region
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Fear grips markets as US kills top Iranian commander, ISM, FOMC awaited
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    GBP/USD: Recovery mode intact on 1.32 after UK Final Dec Manufacturing PMI disappoints with 47.5
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    AUD/USD: Weaker around 0.7000 as USD recovers
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD: Bulls look to test multi-month highs near 1.1240
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    PAMM News
    PAMMs Yearly Update
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    USD/CAD struggles to shakes off bearish pressure, trades around 1.3070
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: EUR/USD tops 1.12, AUD/USD nears 0.70, as end-of-year dollar pressure set to extend
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week Ahead: Market Rally Still Going Low Holiday Volumes Awaiting Start of 2020
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Company News
    Merry Christmas
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Canada: Weakness in consumer spending continues – RBC
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Gold outshines amid trade deal woes in Christmas Eve markets
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD: Bounce still capped below 1.1100 ahead of US data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Pre-Chirstmas quiet trading seeps in alongside US-China trade optimism, US data eyed
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Asian stocks: Political pessimism weighs over US-China trade progress
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week Ahead: Market in Holiday Mode Despite Impeachment and Brexit
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Company News
    Christmas and New Year Trading Schedule
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    GBP/USD: Supported here?
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD: More downside? – Commerzbank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    China's Premier Li: Pressure on China's economy could be even bigger next year
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BOJ’s Kuroda: Will continue to closely watch developments of US-China trade talks
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Trump’s Forex Today: Trump’s impeachment caps dollar gains, Aussie jobs boost AUD; focus on BOE, Brexit drama
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/GBP: Capped here – Commerzbank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Former ECB Head Draghi: Central banks must be ready to use all tools in their mandate
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Brexit redux and trade fears continue to hurt risk appetite, favor dollar
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BOJ's next move is to dial back stimulus - Reuters poll
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD off lows, still below 1.1150 amid USD comeback
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Fresh Brexit risks pound GBP, Aussie hit by RBA; UK jobs next of note
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Powell punches dollar, Boris' judgment day, Trump's tariffs decision, Lagarde's ECB debut
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD: On a high – Commerzbank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold sidelined near $1465 level, FOMC awaited
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Fed may cut once more – Danske Bank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Shirking majority for Johnson, Fed to stand pat through 2020?
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week Ahead – The UK election is upon us
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    USD/JPY Technical Analysis: Bears challenge 50-DMA, ascending trend-line confluence support
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD sidelined around 1.1100 ahead of key US data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Happy Friday for trade talks, GBP/USD holding onto Boris boost, all eyes on the NFP
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    OPEC+ said to discuss deeper oil cuts – RTRS
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold holds steady near $1475, weaker USD lends some support
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Kiwi lifted by RBNZ amid cautious optimism; eyes on OPEC+ meet, trade
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Asia: PMIs back in expansion territory – TDS
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD stays firm near 1.1100, looks to data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BoC Preview: Major Banks expecting BoC to hold fire today
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    US: Mixed manufacturing data – Deutsche Bank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Gold: Back in the red around $ 1460 amid USD comeback
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Trump's tariffs weigh on USD before meeting Boris, AUD surges, EUR rising
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Australia: Dwelling approvals weaken – Westpac
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    UK Industry: Brexit, weak global demand to hurt UK in 2020
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: China lifts mood, Boris and Merkel in trouble, critical data kicks off December
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Week Ahead - Market Awaits China Retaliation on Trade
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    BOJ’s Kuroda: Not thinking of further easing at present
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD looks for direction near 1.10 ahead of key data
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Soggy Black Friday mood, GBP/USD retreats, EZ inflation awaited
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    AUD/USD struggles near multi-week lows, just above mid-0.6700s
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    ECB’s Villeroy: Brexit uncertainty likely to last for at least some quarters in the future
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Sterling surges as poll backs Boris, dollar bulls thankful, Trump angers China
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    If Trump refuses to roll back tariffs, loss to American farmers could be permanent – Global Times
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD is offered near term – Commerzbank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Massive pre-holiday US data dump, Trump holding back deal, critical UK poll eyed
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    UK: Disorderly Brexit comes off the table – ABN AMRO
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD faces dual resistance lines, downside is easier – Confluence Detector
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    Forex Today: Markets doubt US-Sino progress, Powell sees glass filling, GBP/USD spooked by poll
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
    Market Analysis
    EUR/USD could still re-test the vicinity of 1.1100 – Commerzbank
    https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613