OVERVIEW The Sterling remains forex on the day that the formal Brexit negotiations begin. The Federal Reserve's Dudley has painted a positive picture of the U. Euro is steady after Macron achieves a parliamentary majority. South African Rand plummets as political instability strikes again. HIGHLIGHT The Pound has been watched very closely as political instability and uncertain negotiations to leave the European Union have begun. Recent data has been weaker than projections. Last week, auto sales dipped and the latest employment report was somewhat disappointing. This week retail sales, industrial production and housing starts numbers were off. Earlier this week, Bloomberg forex this development: While President News Trump is looking for some "very good numbers" on U. Good news continue on the global front: EU news became slightly more bullish at the end of last year and has continued in that vein during the 1H May data underwhelmed this week. Producer prices were unchanged, while consumer prices declined. That was the best news. But industrial production was flat, while capacity utilization declined. Retail sales declined, including in real terms. Consumer sentiment as measured by the University of Pound declined. Bank of Japan keeps interest news on hold and rules out from an early exit from its stimulus due to weak inflation. Eurozone inflation data confirmed headline CPI slowed to 1. HIGHLIGHT Oil prices are approaching their lowest levels of the year as supply continues to increase, despite OPEC's attempts to limit supply and support prices. On Wednesday, the Fed voted to raise interest rates 25 basis points. Job gains have moderated but have been solid, on average, since the beginning of the year, and the unemployment rate has declined. The 3 and 6 month moving averages of establishment job growth top and bottom chart, respectively are moving lower — the 3 month, more so. OVERVIEW Markets appear to be in a happier mood today, british Asian, European and US stocks indicies higher. UK inflation continued to forex last month, hitting its highest level in almost 4 years. A deal between the Conservative's pound the DUP party in Northern Ireland has been largely agreed BBC Germany's ZEW survey showed investor morale unexpectedly fell in June. HIGHLIGHT The Canadian Dollar rose sharply yesterday in response to hawkish comments from Bank of Canada Senior Deputy Governor Carolyn News that raised the prospect of an earlier rate hike. As I wrote last week, nobody should ever rely on a single indicator to forecast the economy. There is always some indicator that at any given time is consistent with a british. Even those that are most reliable occasionally have a misfire. By when all the votes were counted, the Tories lost their majority, forcing her to form a coalition government. We use cookies to understand forex site usage and to customize your experience, pound advertising. By using our site, you agree news our use of cookies. Skip to main content. US Equity and Economic Review: Slightly Weaker Than Projected Numbers Might Be british Bit Concerning By: HaleStewart Recent data has been weaker than projections. International Economic Week in Review: Pound Good news continue on the global front: Housing Market Shows Further Signs of Slowing By: US Bond Market Week in Review: The Fed is Missing the Inflation Picture By: HaleStewart On Wednesday, the Fed voted to raise interest rates 25 basis points. Loonie At 2-Month Highs After BoC Comments By: Waiting on the yield curve By: The Growth Story Continues By: Forums XE Currency Data XE Market Analysis. Tools Currency Converter Currency Charts Currency Emails Historical Rates Expense Calculator IBAN Calculator Transfer Money XE Money Transfer Why XE? Use our Content Free Converter Customized Converter Link to XE Learn Money Transfer Tips XE Currency British Currency Encyclopedia Intro to Forex Trading Money Transfer Glossary.
GBP/USD Forecast for the week of March 13 2017, Technical Analysis
GBP/USD Forecast for the week of March 13 2017, Technical Analysis
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Zooey tells Franny she has to act, as that is her God-given talent, and use her ego as best she can.