Much has been written about the consequences of Brexit and the possibility of a “no deal” divorce from the EU. Financial services businesses, especially forex brokers, have considered relocating to the EU to retain their respective customer bases. The loss of jobs in the labor market and the ensuing “brain drain” have also been cited,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 17, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound is down by 0.8% against the dollar with investors reacting to reports that Boris Johnson is planning a law to prevent an extension of the post-Brexit…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 16, 2019. Sports Direct has reported this morning that its profits have more than doubled as its resurgence continues. The group, which is rebranding as Frasers Group following the takeover of House of Fraser, said reported…
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The following article was submitted by Michael Stark, market analyst at Exness. Positivity dominated in many markets on Monday morning GMT after the USA and China had reached a preliminary trade deal at the end of last week. The two countries held separate press conferences on Friday to announce that they’d achieved what the media are calling…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 13, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound’s reaction to the Conservative landslide is a sigh of relief from markets. Sterling gained almost 2% following the publication of the first exit polls, which pointed…
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Boris Johnson's Conservative party has won a resounding overall majority in the United Kingdom's snap general election. Johnson remains prime minister and should now be able to get his Brexit deal through parliament. It was the party's most successful election since the 80s. Jeremy Corbyn, leader of the main opposition Labour Party, announced he would…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 11, 2019. This is not a trading advice. See details below: FOREX/BREXIT The Pound is down by 0.7% from the 8-month high of $1.3214 reached on Tuesday. This price action follows the publication of the most recent poll, which shows…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 9, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: November Job Report Shatters Expectations: Last month, employers added 266,000 jobs during the month, around 80,000 more than consensus…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 9, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound edged up against the US dollar by 0.2% during early Monday trading. The continuous support found by Sterling, especially over the last two weeks, arises from…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 5, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound keeps on gaining and has now reached a 7-month high against the US dollar and the highest in two and a half years against the euro…
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