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Carnival Cruise Analyst Stays Bullish Amid 'Brexit Chaos'
Wednesday, March 27, 2019 - 2:16pm | 388Read More...Coming off a first-quarter earnings beat Tuesday, Carnival Corp (NYSE: CCL) shares still fell significantly after delivering disappointing second-quarter and FY19 guidance — but one analyst is staying the course on the company. The Analyst Buckingham Research analyst Daniel...
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Parliament's Indicative Votes And May's Struggles Indicate The Next GBP/USD Moves
Wednesday, March 27, 2019 - 10:02am | 622Read More...GBP/USD is trading in familiar ranges below 1.3200. Parliament is set to indicate alternative Brexit options and May faces her party. The technical picture is mixed as cable awaits an indication. GBP/USD is trading slightly lower, but well within known ranges, as Parliament begins its...
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EUR/USD Is Correcting From Oversold Conditions, But Draghi Continues Pointing To The Downside
Wednesday, March 27, 2019 - 9:44am | 606Read More...EUR/USD extends its slump amid concerns about downside risks. Draghi's repeat of his dovish message does not help. The technical picture is bearish for the pair. EUR/USD is trading above 1.1250, bouncing from the lows, as the US Dollar takes a breather from its gains, but this may be...
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Brexit No Clearer Now Than Before Monday's Vote
Tuesday, March 26, 2019 - 3:55pm | 1815Read More...In an effort to bring clarity to the Brexit process and to unlock the stalemate between Parliament and Government, Members of the United Kingdom's Parliament (MPs) voted yesterday to take control of the process. But it remains unclear how this process will play out and whether there will be...
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Dead Cat Bounce In EUR/USD As The Dark Clouds Point Down
Tuesday, March 26, 2019 - 2:10pm | 519Read More...EUR/USD is trading around 1.1300, sticking to familiar levels. The current market calm may be deceiving as worries continue mounting. The technical picture is also bearish. Volatility in EUR/USD has calmed down, and the world's most popular currency pair trades around 1.1300 once again,...
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Sterling Stability Cannot Last Amid Brexit Instability
Tuesday, March 26, 2019 - 2:04pm | 500Read More...GBP/USD leans lower after Parliament voted for indicative votes. A broad range of options paralyzes Sterling for now. The technical picture is directionless, just like Brexit. GBP/USD is trading around 1.3200 in choppy, yet range-bound trading. Late on Monday, Parliament voted in favor of holding...
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UK Parliament Takes Control Of Brexit Agenda
Tuesday, March 26, 2019 - 11:50am | 345Read More...In a series of votes in the United Kingdom's Parliament, Members of Parliament (MPs) handed the Government another defeat and seized control of the Brexit agenda, voting for an amendment that will see a series of indicative votes take place on Wednesday. The indicative votes will see Parliament...
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No Promises From Theresa May As Parliament Takes Control Of Brexit
Tuesday, March 26, 2019 - 9:36am | 732Read More...British Prime Minister Theresa May looks to have conceded defeat on her Brexit deal, concluding today that there was not enough support for the deal to return for a third vote, leaving the way open for Parliament to take control of the Brexit process. Following discussions with the Labour Party...
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GBP/USD Looking For A New Direction As May May Be Looking For A New Job
Monday, March 25, 2019 - 10:29am | 675Read More...GBP/USD kicks off the week slightly lower as Brexit uncertainty looms. Contradicting reports about the next Brexit steps and May's future are set to move the pound The technical picture is decidedly mixed for the pair. GBP/USD is slipping off the 1.3200 level after recovering on Friday....
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EUR/USD Encouraged By IFO, But Bears Are Abound, Technically And Fundamentally
Monday, March 25, 2019 - 10:25am | 593Read More...EUR/USD is trading above 1.1300, attempting a recovery. Concerns have somewhat eased after the German IFO Business Climate. The technical picture remains bearish for the pair. EUR/USD is trading above 1.1300, attempting a recovery after the downfall on Friday. The move higher is partly a...
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EU Offers Short Article 50 Extension
Friday, March 22, 2019 - 1:31pm | 553Read More...Ministers at the European Council have agreed to an extension to Article 50 up to 22 May if Parliament finally passes the Government's Withdrawal Agreement. However, if that deal falls for a third time then there is a delay until 12 April when the United Kingdom (UK) must decide to leave the...
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Financial Sector Takes A Dive Along With Treasury Yields After Fed Announcement
Thursday, March 21, 2019 - 10:18am | 1499Read More...Now that this week’s Fed meeting is out of the way and there’s not too much on the corporate earnings front, investors will likely be looking for international catalysts for stock market direction, such as news on the U.S.-China trade front or Britain’s exit from the European...
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May To Attempt Third Meaningful Vote On Withdrawal Deal
Wednesday, March 20, 2019 - 5:08pm | 470Read More...The European Union (EU) is set to agree a short extension to Article 50, but only if Prime Minister Theresa May's deal is passed by the British Parliament, with the third vote expected to take place on Monday, 25 March. The European Council will meet on 21 March and the Prime Minister of the...
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'Reckless' May Pushes For Short Extension To Article 50
Wednesday, March 20, 2019 - 1:31pm | 553Read More...British Prime Minister Theresa May has written to the European Union (EU) asking for an extension to Article 50 up to the end of June, just before the newly elected European Parliament sits for the first time. May's position is not liked by some in her party, with Conservative Member...
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GBP/USD Traders Go Short As May Goes For A Short Brexit Extension
Wednesday, March 20, 2019 - 10:09am | 547Read More...GBP/USD is under pressure once again after consolidating. UK PM May is set to ask for a short Brexit extension rather than a long one. The technical picture is slightly less favorable. GBP/USD is trading in the low 1.3200s, down on the day. UK PM Theresa May is reportedly asking for a short...














