The UK has inflation steady just below 2.0%, solid wages' growth, upbeat retail sales, and a not-that-dovish BoE, yet at the end of the day, nothing really matters. Brexit dominated trading, with the Pound moving sharply on each and every political headline that comes out from London or Brussels. Our chief analysts Yohay Elam and Valeria Bednarik discuss the scenarios, with the most likely scenarios for the main actors and more importantly, the Pound and other currencies.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD: Extending longest daily winning streak since March

EUR/USD closed higher for the fourth consecutive day on Monday to register its longest daily winning streak since March 20. The pair gained 0.26 percent on Monday, having found acceptance above the 200-day MA on Friday. 

EUR/USD News

GBP/USD: Buyers and sellers struggle over no-deal Brexit fears around 1.2740

With the UK PM candidate Boris Johnson’s sustained commitment to leave the EU on October 31 highlighting no-deal Brexit fears, the GBP/USD pair buyers fall short of cheering the broad US Dollar (USD) weakness off-late. 

GBP/USD News

USD/JPY: Eyes on 106.60 on a break of 107 the figure

USD/JPY is currently trading at 107.32 between a range of 107.25 and 107.41, consolidating in the main and trading above the overnight lows of 107.05.

USD/JPY News

Markets, G20, Oil, Gold, Bitcoin

The next week could be hugely influential for the rest of the year so it's hardly surprising to see markets trading a little flat to kick things off. Investors are heading into this period in a buoyant mood, with US markets back in record territory and global stocks having enjoyed a very good week. 

Read more

Gold consolidates gains above $1410, adds more than $100 in June

With the major economies' central banks including the Fed, the European Central Bank, the Reserve Bank of Australia, and the Bank of Japan adopting a dovish stance amid the negative impact of geopolitical uncertainties, the precious metal became a clear investor-favourite and now remains on track to close the seventh straight day with gains.

Gold News

Majors

Cryptocurrencies

Signatures