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ECB Monthly Bulletin: Risks surrounding Eurozone economic growth remain broadly balanced

November 9, 2017 Mike Paterson 0

Latest ECB Monthly Bulletin just out 9 Nov
– latest data and survey results point to unabated growth momentum in the second half of this year
– ECB’s monetary policy measures continue to support domestic demand
Upbeat assessment overall but understanda…

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USD demand sees EURUSD down through 1.1580

November 7, 2017 Mike Paterson 0

It’s finally broken down through 1.1580 to post lows not seen since July
I warned earlier in a post that a break of 1.1580 should trigger stops and we’ve now seen a rush down to 1.1566 with EURGBP testing 0.8800
The post USD demand sees EURU…

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Trump says it’s time to act with urgency and determination with North Korea

November 7, 2017 Mike Paterson 0

Trump/Moon holding press conference in Seoul 7 Nov
– thinks NK understands US has unparalleled military strength
– believes it makes sense for NK to come to the table and make a deal good for NK
No freebies then Don, seeing how you’re being so vocal ab…

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UK Halifax Oct HPI mm 0.3% vs 0.2% exp

November 7, 2017 Mike Paterson 0

UK Halifax Oct HPI survey now out 7 Nov
– 0.8% prev
– yy 4.5% as exp vs 4.0% prev
UK housing market still in subdued mood as weaker London markets spill further out.
The post UK Halifax Oct HPI mm 0.3% vs 0.2% exp appeared first on Forex news forex tra…