The Mstardom Finance trading group is predicting that the next short-term target for the EUR/USD currency pair is 1.1305. The pair has met support at the 1.1253 area and resistance at the 1.1263 area. This price action is inline with our calculated and predicted price movements. If our bullish prediction doesn't hold, then a pullback to the 1.1216 area is expected.Read More »
The ECB’s net profit is distributed to the euro area national central banks (NCBs). The Governing Council decided to make an interim profit distribution, amounting to €1,191 million, to the euro area NCBs on 31 January 2019. At yesterday’s meeting, the Governing Council decided to distribute the remainder of the profit, amounting to €384 million, on 22 February 2019.Read More »
Despite the moderate outlook, the unemployment rate in the Euro area has remained stable at 8.1 percent, since the summer of 2018. With unemployment reaching a decade low, companies feel the pain of talent shortages, especially in an aging labor market.Read More »
A Statement from The Conference Board Press Release Provided By The Conference Board Jan 16, 2019, 07:35 ET NEW YORK, Jan. 16, 2019 /PRNewswire/ — The British parliament took a decisive step today in the Brexit divorce process to not support the plan negotiated by Prime Minister May with the European Commission. Uncertainty has dominated the entire process until now …Read More »
Brexit Analysis: How Immigration, the Irish Border and Changes to Tariffs will Affect Retail Markets with Sector Analysis of the Individual Retail
As the UK approaches the 29th March 2019, companies are yet to fully comprehend the impact Brexit will have on retail. As political negotiations and parliamentary votes are yet to settle the final rules and implications of the UK's departure, unknown territory must be navigated in planning for the Brexit transition process.Read More »
EURUSD Currently Displaying Short-Term Bullish Character…Be Very Cautious…A Reversal Could be Eminent at Any Moment!
Eurozone Weak Economy Taking a Toll on EURUSD Currency PairRead More »