GBP/USD Forecast Apr. 9-13 – Further choppy trading?

GBP/USD dropped to the lowest levels in two weeks only to recover and end the week higher. What is going on? Manufacturing output and a speech by Carney are up next. Here are the key events and an updated technical analysis for GBP/USD. The British economy is slowing down according to the forward-looking PMI data. The […]

Canada gains 32.3K jobs – USD/CAD falls

Canada sees a healthy rise in jobs: 32.3K in March, above 20K expected. The unemployment rate remains at 5.8% as predicted with no change in the participation rate, at 65.%. There is some good news in the composition of the positions: 35.9K part-time jobs were lost while no less than 68.3K were gained. Such big moves […]

USD / NOK – långsiktiga förutsägelser

Norge är inte medlem i Europeiska unionen, samt använder inte euron. Norge samarbetar emellertid nära med resten av EU genom sitt medlemskap i Europeiska ekonomiska samarbetsområdet (EES). Norge är också en stark medlem av Europeiska frihandelssammanslutningen (Efta). Landet använder den norska kronan, vars symbol är NOK. Med tanke på att Norge är den 5:e viktigaste […]

U.K’s Economic Fundamental Weakens in March; Pound Dips

Heightened economic uncertainty coupled with the ‘Beast from the East’ storm weighed on U.K economic growth in the month of March. The construction Purchasing Managers’ Index contracted to 47 in March, down from 51.4 recorded in February, while the manufacturing PMI remained unchanged at 55.1 and services sector grew at 51.7, also down from 54.5 filed in February, the […]

Volatility venting and Brexit can-kicking – MM #177

We start by giving an update on some progress in Brexit before moving to the high volatility markets are experiencing and wrapping up with a preview. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Brexit transition deal: The smiles and cheers for a Brexit transition deal still leave a lot of […]