GBP/USD has been retreating from the highs ahead of further EU-UK talks. Uncertainty about the government's intention to obey the new law weighs.
EUR/USD has been trading around the highest levels of the month after the ECB introduced some stimulus. The US and China are considering an interim deal.
In the face of continued GBP weakness under Boris Johnson, we're seeing increased interest in ETFs.
Germany announced the 2020 budget, meant to tackle “great challenges.” EUR/USD skewed to the downside, with a break below 1.1015 required for a steeper decline.
GBP/USD has dropped below 1.2300, down after three days. Speculation about the UK election timing and the US jobs report stand out. Friday's four-hour chart is showing that GBP/USD is ready to rise
GBP/USD may surge if UK opposition parties win another victory. Sequencing of bills is critical to the next moves. Wednesday's four-hour chart shows a critical "do or die" resistance line.
The government and the opposition battle for Brexit in a dramatic showdown. The most likely scenario is a victory for the opposition and elections on October 14. GBP/USD has already cracked 1.2000.
A dramatic week in British politics kicks off with Johnson's threats of ejections from the party. The opposition will try to block a hard Brexit and the government may call elections.
Boris Johnson has been upbeat about reaching a deal, helping sterling stabilize, while the opposition ramps up its battle against the Parliament suspension.
US Gross Domestic Product at 2.0% according to the second estimate. German inflation missed expectations, ahead of EU CPI release. EUR/USD hovering near 1.1051, immediate support ahead of yearly low.
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