When PM Theresa May called the snap election, the pound rallied and the event was shrugged off. However, the campaign became quite tight and uncertainty is high. This uncertainty is also driven by opinion polls, which all go in very different directions. You cannot blame them for any kind of herding. With leads of between … “UK elections: GBP waiting to explode, but to which”
Category: Opinions
![ECB: The beginning of the end of QE? [Video]](https://investinearth.org/wp-content/uploads/2017/06/Fotolia_80643790_S.jpg)
ECB: The beginning of the end of QE? [Video]
The ECB is moving slowly but the economy’s growth has accelerated. Does the economy still need intensive care? The ECB buys 60 billion euros per month and the program lasts until the end of the year. In this meeting, we might hear a more optimistic assessment, paving the way for a bigger one in September. … “ECB: The beginning of the end of QE? [Video]”
ECB Preview: balanced risks could provide a buying opportunity
The European Central Bank convenes in Estonia in one of its more important meetings: a meeting with new forecasts. Given the recent improvement, it may be time for a change in tone, setting the stage for a bigger announcement in September, about the path to stop bond buying, or if you wish, money printing. Will EUR/USD … “ECB Preview: balanced risks could provide a buying opportunity”
3 Scenarios For UK Election & Targets For GBP/USD – SEB
The UK elections are held tomorrow and tension is mounting. Where will the pound trade afterward? Here is their view, courtesy of eFXnews: SEB FX Strategy Research outlines 3 main scenarios for the UK elections on Thursday and the potential GBP direction for each of them. “1) Tory majority: This is by far the most expected outcome and … “3 Scenarios For UK Election & Targets For GBP/USD – SEB”
Will The ECB Trigger EUR Strength This Week? – BTMU
EUR/USD is backing off the highs of 1.1285 seen earlier and is back to the middle of the 1.12 handle. The big event coming up for the euro is the ECB’s decision. Where will the euro go afterward? Here is their view, courtesy of eFXnews: BTMU FX Strategy Research notes that the main event this week ahead for … “Will The ECB Trigger EUR Strength This Week? – BTMU”
![GBP/USD: Every poll pulls the pound [Video]](https://investinearth.org/wp-content/uploads/2017/06/Fotolia_78551342_XS-346x185-2.jpg)
GBP/USD: Every poll pulls the pound [Video]
After campaigning was suspended due to the terror attack, the UK is in full election mode. Every opinion poll matters. PM May wants a landslide victory to give her a full mandate. Markets hope that a full mandate means a softer Brexit. However, opinion polls show a closer race. Will it be a narrow majority … “GBP/USD: Every poll pulls the pound [Video]”
GBP: Into & Beyond The June-8 Elections – Credit
The British pound is moving on every opinion poll related to the elections. What’s next? Here is their view, courtesy of eFXnews: Credit Agricole CIB FX Strategy Research expects the Conservatives to extend their parliamentary majority as a result of the 8 June election, strengthening PM May’s position ahead of the Brexit negotiations. “Median polls since the election was … “GBP: Into & Beyond The June-8 Elections – Credit”
Non-Farm Payrolls preview: all about the money – 3
The May 2017 Non-Farm Payrolls report is critical for the June decision. If the Federal Reserve is truly data dependent, this is the most important data point. The Non-Farm Payrolls, aka NFP, or “king of forex indicators” is coming on the first Friday of the month, and wages matter a lot more than the actual job … “Non-Farm Payrolls preview: all about the money – 3”
ADP NFP beat with a whopping 253K – USD extends recovery
A big beat in the ADP Non-Farm Payrolls: no less than 253K private sector jobs were added in May according to the company. This could raise expectations for the official BLS NFP on Friday. But what does it mean for wages? We will probably have to wait. But at least for now, the USD is enjoying nice … “ADP NFP beat with a whopping 253K – USD extends recovery”
USD: 5 Reasons Why USD Bulls Need To Be Patient
The US dollar seems a bit confused, looking for a new direction. What’s next for the greenback? Here is the view from Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX Strategy Research advises USD bulls to be patient in light of the following 5 reasons: “1- It could take … “USD: 5 Reasons Why USD Bulls Need To Be Patient”