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Quoting Sky News political correspondent, Reuters recently reported that Minister Nick Hurd, who said that British Prime Minister May wouldn’t deliver a statement following the cabinet meeting later today, misspoke and a short statement will be published later in the day. After slumping to 1.2915 with the initial reaction, the GBP/USD pair recovered and was
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Latest data released by ONS – 14 November 2018 Prior +0.1% CPI +2.4% vs +2.5% y/y expected Prior +2.4% Core CPI +1.9% vs +1.9% y/y expected Prior +1.9% ForexLive The headline misses a little but the core reading holds steady. Either way, it’s not going to change market expectations of a BOE rate hike following
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Japanese Economy Minister Toshimitsu Motegi said on Wednesday there was no change to the view that the country’s economy was recovering moderately, even though the data released earlier today showed the economy contracted 1.2 percent in the third quarter. Key comments (Source: Reuters) Japan’s economy is expected to recover driven mainly by domestic demand. We need
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The UK wages excluding bonuses rose by 3.2% y/y compared to 3.1% y/y expected. The UK wages including bonuses rose by 3.0% y/y compared to 3.0% y/y expected. The UK unemployment rate steadied at a four-decade low of 4.0% in September. The Office for National Statistics (ONS) showed on Tuesday, the UK’s average weekly earnings, excluding bonuses, beat expectations, arriving at
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Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work