British Prime Minister Boris Johnson is on course to win a majority of 68 in parliament at the Dec. 12 election, according to a model from pollsters YouGov that accurately predicted the 2017 election (Reuters).
Please find our updated trading schedule and general information for the Thanksgiving Day Holiday on Thursday November 28th, 2019 & Friday November 29th, 2019.
Europe’s shared currency finished Monday mostly unmoved against the US dollar. In terms of risk events, sentiment among German executives has improved a little, according to the IFO Institute for Economic Research.
Longer-term flow retained a bearish tone last week, languishing south of a long-standing resistance area at 1.1119-1.1295. Further selling going forward has the lower boundary of a descending channel to target (extended from the low 1.1109), merging closely with the 2016 yearly opening level at 1.0873.
Key risk events today: French Flash Services PMI; French Flash Manufacturing PMI; German Flash Manufacturing PMI; German Flash Services PMI; EUR Flash Manufacturing PMI; EUR Flash Services PMI; UK Manufacturing PMI; UK Flash Services PMI; Canada core Retail Sales m/m; Canada Retail Sales m/m; US Flash Manufacturing PMI. Market news (Thursday): European Central Bank (ECB) … Continue reading Friday 22nd November: Euro steady ahead of manufacturing data.
