Mixed Signals – Political vs. Economic Indicators Market Updates

It has been a bit of a rollercoaster ride for £/EUR this month, having been as low as 1.1590 on 7th February and as high as 1.1890 on 22 February. nike air max 2017 pas cher However, having settled around 1.1800, there may be some short term upside potential as attention is temporarily focussed on Europe rather than the UK. Nike Air Max 2016 Heren Any move over 1.1880 would be positive for a possible more towards 1.20.

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Current Influences on Currency in Early 2017 Market Updates

By Premier FX Account Director Gary Owen

Currency exchange rates are notoriously difficult to predict, especially in the short term. This has been especially the case in the first part of 2017 when there has been a high degree of volatility in major currencies due to factors such as Brexit, EU political concerns, the ‘Trump Factor’, and the global interest rate environment.

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Premier FX Currency – 20 March 2017 Market Updates

And so the process begins…

Brexit, that is. It looks like by the end of March, the UK will formally start proceedings to leave the European Union. Naturally, we all knew this would happen as the government have been talking about it for a while and also have mentioned this timescale on numerous occasions. However, all we are concerned about is what it is going to do to the currency.

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Premier FX Currency Forecast – 20 February 2017 Market Updates

Where to now for the pound?…

Not the first time we have used that title, but that really is the question at the moment. As much as we don’t like to keep saying it, the “Brexit” word and how it’s done and when it’s done, and what people say and how they say it, is going to play a part. Europe is not the steady ship we once thought it was, or they once thought it was. So it’s really…what is to give first?

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Political Risk? Keeping an Eye on the USD Market Updates

By Premier FX Account Director Gary Owen

Whilst the US$ remains relatively robust and has the potential to rise further, there may be some clouds on the horizon.

This week, Federal Reserve Bank officials have been giving economic testimony before Congress. Chair, Janet Yellen, did not provide any specific forecast on the timing of the central bank’s next rate hike, but the markets are currently estimated to be pricing in a 25% probability of this happening in March.

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Premier FX Currency Forecast – 16 January 2017 Market Updates

Beware of Sterling volatility on BREXIT…

The big news for Pound Sterling over the weekend were reports that Theresa May will make immigration a red line in upcoming Brexit negotiations. According to a report, her red lines will be an end to free movement from the EU and clearance to hold bilateral trade talks with other countries, which it is thought will not be achievable while still in the single market. This suggests the UK is to give up seeking access to the European single market and, for foreign exchange markets, this suggests the British Pound could suffer another bout of selling.

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