With Fed widely expected to keep its monetary policy unchanged, market will be focusing on Powell’s press conference on Fed’s forward guidance. Long gold at dip?
With the results of the UK election almost unpredictable, it would be prudent to stay on the sidelines for now.
A neutral Fed and dovish ECB could be seen this week, short EUR/USD?
The top CopyPip provider for this week is called “Profittrading”. There are a few reasons why I’ve chosen this provider as our top contender for the week.
The return of 46,000 workers to GM could boost employment numbers tonight, though leading indicators show a deterioration.
With the trade deal in peril after Trump said he liked the idea of waiting until after elections for the China deal, global trade risks will continue to rise into 2020. Long gold?
Trade tensions between the US and the rest of the world may escalate, short USD/JPY and long gold.
China could retaliate by threatening to back out from the US-China trade deal which is in its final stage. AUD/JPY could slide lower.
A meaningful recovery in euro dollar looks unlikely in the coming months after Friday’s PMIs. EUR/USD could head lower.
Leverage |
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Up to 1:500 |
Spread |
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Starting as low as 0.1 pip |
Min Trade Size |
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0.01 Lot |
Support |
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24-hour (Monday - Friday) |