Mulai sekarang kamiialah Elev8

Kami lebih daripada sekadar broker. Kami adalah ekosistem dagangan serba ada—semua yang anda perlukan untuk menganalisis, berdagang, dan berkembang ada di satu tempat. Sedia untuk tingkatkan dagangan anda?

GBP/USD extends slide to 1.4360 ahead of UK PMI

FXStreet (Mumbai) - The offered tone on the GBP keeps growing bigger as we head towards the UK construction PMI release, now keeping GBP/USD submerged in the red near lows.

GBP/USD eyes daily pivot at 1.4365

The GBP/USD pair drops -0.52% at fresh session lows struck at 1.4361 last minutes. The cable halted its 2-day recovery mode near 1.4450 region and witnessed an almost 60-pips drop as the investors gave up the higher-yielding currency GBP amid renewed risk-off wave as the European equities dive deeper in the red zone.
Moreover, expectations of a slight slowdown in the pace of the UK’s construction sector activity in Dec also weigh on the GBP/USD pair. The UK construction PMI for January is forecasted to decrease slightly to 57.5 from 57.8.

Meanwhile, the major will closely track the oil price action and the sentiment on the European equities ahead of the UK data.

GBP/USD Levels to consider

The pair has an immediate resistance at 1.4395/1.4400 (1h 5-SMA/ round number, above which 1.4436/48 (Daily & Feb 1 High) would be tested. On the flip side, support is seen at 1.4319/15 (1h 50- & 100-SMA) below which it could extend losses to towards 1.4250/ 24 (psychological levels/ Feb 1 Low).

RBA keeps rates on hold, signals furture rate cut possibility

The Australia Central Bank today left its rates unchanged at 2.0 per cent today and signaled the possibility of further rate cuts amid weak global economic outlook. Economic growth in China which is Australia’s major trading partner has slowed down considerably. Annual China GDP hit a 25 year low in 2015. Other emerging economies have also shown signs of slowdown. In the wake of fall in commodity prices, Australia’s terms of trade has continued to decline.
Baca lagi Previous

Hong Kong SAR Retail Sales declined to -8.5% in December from previous -7.8%

Hong Kong SAR Retail Sales declined to -8.5% in December from previous -7.8%
Baca lagi Next