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A Look At The Charts Ahead Of UK Election And US Tariff Decision
Article By: Marc Chandler
Sunday, December 8, 2019 3:45 PM EST
There are two risk events in the second half of next week, the UK election and Trump's decision on the December 15 tariffs.The market expects a Tory victory, allowing Brexit to proceed, and for the US to at least postpone the new tariffs.
In this article: FXE, FXA, FXB, FXC, FXY, GLD, USO, SPX
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Weekly Forex Forecast - Sunday, December 8
Article By: Christopher Lewis
Sunday, December 8, 2019 1:30 PM EST
It’s likely that we will continue to see a lot of movement in the British Pound based upon the latest election polls, but we are getting close to the end here, and it looks like traders are willing to jump in and push this market higher.
In this article: FXE, FXB, FXY
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Sterling (GBP) Weekly Forecast: British Pound Driving Higher Into General Election Week
Article By: DailyFX
Sunday, December 8, 2019 1:09 PM EST
While it would be easy to give Sterling a bullish forecast, I stay neutral, not because I think Sterling is going to fall, but on the basis that a lot of the expected ‘Brexit-Bounce’ in GBP has already happened and further rallies may be limited.
In this article: FXB
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Forex Forecast: Pairs In Focus - Sunday, December 8
Article By: Daily Forex
Sunday, December 8, 2019 11:51 AM EST
There are a few long-term trends in the Forex market, notably bullish trends in the GBP/USD and NZD/USD currency pairs, and a bearish trend in the EUR/GBP currency cross.
In this article: FXB, UUP, SPX
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Trading Support And Resistance - Sunday, December 8
Article By: Daily Forex
Sunday, December 8, 2019 10:09 AM EST
The Forex market has become more active, with 26% of the important currency pairs and crosses moving by more than 1% in value over the past week. Volatility is likely to be considerably higher over the next week.
In this article: FXE, FXA, FXB, FXC, FXY
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