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The channel down for EUR/GBP does appear to be exhausted, with two break-outs having been seen on the upside. Look for moves out to resistance at 0.8590 and 0.8630 in the short term. WHAT WILL THE FOMC & CPI ANNOUNCEMENT INCLUDE TODAY? We use cookies to personalize content and ads, to provide social media features and analyse our traffic. We also share information about your use of our site with social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they've collected from your use of their services.NEWS - STOFS.COM
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The channel down for EUR/GBP does appear to be exhausted, with two break-outs having been seen on the upside. Look for moves out to resistance at 0.8590 and 0.8630 in the short term.NEWS - STO
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The channel down for EUR/GBP does appear to be exhausted, with two break-outs having been seen on the upside. Look for moves out to resistance at 0.8590 and 0.8630 in the short term. WHAT WILL THE FOMC & CPI ANNOUNCEMENT INCLUDE TODAY? We use cookies to personalize content and ads, to provide social media features and analyse our traffic. We also share information about your use of our site with social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they've collected from your use of their services. APPOINTMENTS WITH HEAVEN Read PDF Appointments With Heaven what makes you character satisfied. Yeah, the presentation of the knowledge by reading it may be as a result small, but the POLICING IN THE UK: A BRIEF GUIDE Access Free Policing In The Uk: A Brief Guide Some people might be laughing past looking at you reading policing in the uk: a brief guidein your spare time.
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Pound Volatile As May Asks For Brexit Extension The political turmoil in the United Kingdom continues as we are just nine days before the Brexit D-Day. The uncertainty about the UK’s relationship with the European Union (EU) has cast its shadow on a series of economic data releases which otherwise would be at the top of the economic news headlines. The British Prime Minister Theresa May wrote a letter to the EU leaders in which she asked for a delay to the UK’s departure from the EU bloc until June 30th 2019. Media sources suggested that the President of the European Council (EC) Donald Tusk will receive the letter today, just one day before the EC convenes. A CNBC report said that the President of the European Commission Jean Claude Juncker reiterated that there would be no re-negotiations of the Brexit deal. However, he also told reporters that it’s “highly probable” that the UK won’t be leaving the EU on March 29th as it was scheduled. The EC’s President said that if the UK’s government wants an extension on Brexit, it should bring clear plans to the EUSummit.
A delay on the Article 50 process won’t be an easy thing as all 27 EU countries will have to agree on it. The French minister for European Affairs commented that the EU members “need something new” from the British side, expressing fears that the deadlock in the negotiations might remain despite an extension. THE BANK OF ENGLAND DECIDES ON INTEREST RATES One more “Super Thursday” for the Bank of England has come. On March 21st 2019, the BoE’s board will convene to decide on interest rates. Market analysts forecast that the BoE will keep its benchmark interest rate unchanged at 0.75% with all 9 members of the Monetary Policy Committee (MPC) voting in favour. The last time that the BoE raised borrowing costs was after its board meeting on August 2nd2018.
Analysts at TDS wrote in a report published on March 20th 2019 that they expect the BoE to remain on the sidelines as Brexit uncertainty grows. “The UK economy is broadly tracking in line with their February 2019 forecasts. With Brexit headlines intensifying, and the Federal Open Market Committee (FOMC) meeting tonight, markets remain fluid ahead of the BoE’s meeting.,” was noted in the report. TDS analysts suggested that “we do not expect this month’s MPC to provide the British Pound with a major directional push as Brexit concerns dominate.” UK CONSUMER PRICE INDEX INFLATION (CPI) RISES On Wednesday March 20th 2019, the Office for National Statistics (ONS) released data regarding the UK’s CPI inflation in February 2019. Although economists were expecting that the CPI inflation would have remained stable at 1.8%, ONS data showed that it rose slightly to 1.9% on an annualised basis. The ONS report attributed the rise to the rising prices for food, alcohol, tobacco and for various recreational goods. Economists at KPMG argued that even this small pick up in headline inflation raises the chances for an interest rate hike just before Christmas 2019. “Solid wage growth and minimal spare capacity could encourage the BoE to raise rates once more by November 2019 to 1%,” the KPMGanalysts said.
TRADE THE BRITISH POUND ON STO With Brexit uncertainty growing day by day, this is one of the best moments for a trader to take advantage of the British Pound’s volatility. As an STO client, you have advanced trading tools at your disposal which can help you execute the right trading strategies. Start now by trading all the British Pound based currency pairs onSTO!
RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.62% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX CAPITAL MARKETS LTD. 62.75 % OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX MARKETS LTD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. For more information about the key risks associated with CFDs, please refer to our full Risk Disclosure....
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Trading. Inspired. TRADE NOW RISK FREE DEMO RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.69% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX CAPITAL MARKETS LTD. 66.36% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX MARKETS LTD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing yourmoney.
The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm AFX Capital Markets Ltd (‘the Company’), number 119/10, that operate the website www.stofs.com is suspended in whole. For further details about the suspension click here.
The Financial Conduct Authority has notified AFX Markets Ltd, FRN: 560872 that must close all open trading positions held by it, whether on its own account or on accounts of its clients by no later than 7 August 2019. For further details click here.
TRADE NOW RISK FREE DEMO AFX Capital Markets Ltd is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) with License No. 119/10. AFX Markets Ltd is authorized and regulated by the Financial Conduct Authority (FCA) with FRN: 560872.* Start Trading
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RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.66.69% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX CAPITAL MARKETS LTD. 66.36% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS WITH AFX MARKETS LTD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You should know your capital is at risk. For more information about the key risks associated with CFDs, please refer to our fullRisk Disclosure.
STO and AFX Group are trading names of AFX Markets Ltd and AFX Capital Markets Ltd. AFX Markets Ltd is authorized and regulated by the Financial Conduct Authority (FCA) FRN: 560872. The registered office for AFX Markets Ltd is 33 Sun Street, 2nd floor, London, UK, EC2M 2PY. Company Number: 07612002. AFX Capital Markets Ltd is authorized and regulated by CYSEC , licence NO. 119/10 and registration NO. 253014. AFX Capital Markets Ltd is regulated under the Markets in Financial Instruments Directive (MiFID) in regards to offering cross border services and other offices within the EU under the MiFID Passporting Regime. AFX Capital Markets Ltd is also registered with CONSOB in Italy (NO. 94). The address of AFX Capital Markets Ltd is Arch. Kyprianou 2 & Ayiou Andreou, G.Pavlides Building, 3rd Floor, 3036 Limassol, Cyprus. Details on AFX Capital Markets Ltd and its business services can be found at AFX GROUP .Details
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