brexit vote

Margin Increase due to Brexit Vote

We would like to bring your attention to the Brexit vote taking place on 11th December, which is critical for the future of the UK, the economy, and the Pound Sterling. The UK House of Commons has begun its lengthy debate on the Brexit agreement that Prime Minister Theresa May reached with the European Union.…

Dollar Turned into Consolidation Phase

Dollar’s late pull back last week suggested that it has turned into consolidation phase, after long-stretched rally. Retail sales, housing, regional Fed surveys and industrial production will be released from the US this week. But we don’t expect them to be too market moving. Instead, Eurozone data like German ZEW could move the greenback more.…