Currently 0.8893 after holding 0.8905
A few offers absorbed up there but a few lingering still
General euro demand vs Brexit-based GBP demand proving an interesting battle so far.
The post EURGBP orders 20 Nov – appeared first on Forex news forex trade.
Currently 1.3257 after taking out 1.3260 sell interest , triggering stops to 1.3273
Looking underpinned for the moment after another hold of 1.3180 in Asia. GBPJPY demand notable too with general yen supply a feature of the session so far.
The post GBPUSD orders 20 Nov – Underpinned again appeared first on Forex news forex trade.
Currently 1.1785 on session highs as euro buyers return
All eyes on Germany
Offers growing around 1.1800 from where the early Asian retreat began
The post EURUSD orders 20 Nov – Germany in focus appeared first on Forex news forex trade.
A good session for the euro so far after the opening Asian tumble 20 Nov
EURUSD making steady progress up to 1.1780 from 1.1730, EURGBP 0.8890 from 0.8875 EURJPY 132.02 from 131.40, EURAUD 1.5567 from 1.5520
The post Euro shrugs off German coalition wobbles appeared first on Forex news forex trade.
CNN citing "sources with knowledge of the negotiations" 20 Nov
- resignation letter has been drafted
- Mugabe and wife granted full immunity under terms of deal
No further detail. Posting for info.
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Softer equity tones as expected with markets officially getting underway 20 Nov
The post European equity markets open mostly lower 20 Nov appeared first on Forex news forex trade.
Your daily thread to exchange trading ideas and thoughts 20 Nov
German coalition talks dominating the landscape but all delicately poised so what now for Merkel and euro ?
The post Trading ideas for the European session appeared first on Forex news forex trade.
Negative territory for equities as we wait on official openings 20 Nov
In China the SCI closes up +0.3% and CS 1300 up +0.6%
German bund futures open +22 at 163.08, 10year bund yields fall to 10 day low of 0.346% with all eyes on collapsed of coalition talks.
The post Eurostoxx 50 futures down -0.5% in early European trading appeared first on Forex news forex trade.
German Oct PPI data now out 20 Nov
- 0.3% prev
- 2.7% as exp vs 3.1% prev
Not too much to glean. Steady as we go but softer yy give a bearish tone to pipeline inflation
The post Germany Oct PPI mm 0.3% vs 0.3% expected appeared first on Forex news forex trade.
Currently 112.01 having found offers/res building into 112.20
Support/demand into 111.80 then 111.50
I warned on Friday that rally sellers were poised, inc me, and I stand by that preference.
The post USDJPY orders 20 Nov – Still on the back foot appeared first on Forex news forex trade.