UK: Lawmakers reject technical change to Amendment I

British lawmakers have rejected the technical change to the amendment I by a majority of 3 votes, 314 vs 311. Lawmakers are now voting on amendment I, which is designed to give the control to MPs by allowing the House of Commons to find a way forward that can command majority support.

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EUR/USD stabilizes at the highs amid calm markets

EUR/USD is trading around 1.1350, just below the fresh two-week highs. Stocks markets are slightly higher as Brexit is due for a delay, amid OK German data, and ahead of the Fed decision on Wednesday. 

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GBP/USD is off the highs amid Brexit uncertainty

GBP/USD is trading below 1.3300, in the middle of the daily range. UK PM May is preparing a request for delaying Brexit, but it is unclear for how long. The EU is ready for a no-deal scenario.

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USD/JPY: Recovers early lost ground, bulls trying to regain control

Following a drop to a fresh 5-day low of 111.15 earlier in the day, the USD/JPY pair reversed its course and erased all of its daily gains. As of writing, the pair was virtually unchanged on a daily basis at 111.43.

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Federal Reserve Preview: Dots before our eyes

The American economy is expected to have expanded at a quarterly average of 3.05% in 2018 when the final revision of fourth quarter GDP is released on March 29th (forecast 2.4%).

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Gold jumps to multi-day tops, around $1310 level amid notable USD supply

Gold continued gaining positive traction through the mid-European session and is currently placed at three-day tops, around the $1310 region. 

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