Press
Weekly Outlook: Recovery in the EURGBP – Brexit gets closer
The EURGBP was able to recover in recent days. However, uncertainty remains high since the Brexit is approaching but no deal has been agreed upon.
Weekly Outlook: Downward trend in the USDCAD
The USDCAD is experiencing strong downward pressure since the beginning of the year and is now located in a very critical area.
Weekly Outlook: once again Draghi puts pressure on the euro
The EURUSD has been moving sideways within a narrow range in the past months. The statement of Draghi put again pressure on the euro.
Weekly Outlook: Brexit vote in the Commons
The Brexit situation remains unclear and thus the uncertainty among investors high. The House of Commons will have the final Vote on the deal this week.
Weekly Outlook: flash crash in the USDJPY
Already towards the end of the last year, pressure on the USDJPY increased. Even more, when on the night of Wednesday to Thursday a flash crash occurred.
Weekly Outlook: May wins the No-Confidence Vote
British Prime Minister Theresa May had to face No-Confidence Vote in her Parliament and was able to win it. This supported the GBPUSD a bit but it was not able to boost it sustainably.