Tag Archives: forexnews

Earnings and Employment Expected to Remain Upbeat in UK Despite Everything Else – Forex News by FX Leaders

Britain is heading towards a disruptive Bexit, with all facts pointing in that direction. Boris Johnson is set to take the leadership of the Tory Party and the position of Theresa May as Prime Minister of the UK altogether. But judging by his comments, not many people expect a deal between the UK and the EU, since Johnson is even more “radical” on the issues that set the two sides apart.

EURUSD May Fall if German ZEW Survey Spurs Risk Aversion

See our free guide to learn how to use economic news in your trading strategy ! EURUSD may find itself in pain if German ZEW Survey data undershoots the already-low -22.0 forecast. As the proverbial steam engine of Europe, it appears the Eurozone’s economic champion is showing weakness that is rippling out into the regional economy. Germany’s growth is critical to the region’s financial stability, which is why key data out of Berlin warrants the attention of traders with exposure to European assets.

WTI Crude Oil Continues to Trade Lower Even After Hurricane Barry Passes – Forex News by FX Leaders

On Tuesday, WTI crude oil prices continue to trade bearish even after production resumed in the Gulf of Mexico after tropical storm Barry. Economic data released from China on Monday continued to dent the sentiment in the oil markets over worries of reduced demand from one of the leading economies in the world.

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