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UK Parliament and US-China tariffs: The week in 60 seconds | FXTM | 02/09/2019

FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week and pinpoints what traders might look out for ahead, including: • Markets mixed despite new #USChinatariffs kicking off • #UKParliament return from recess - #GBP #Brexit • US monthly jobs report in focus For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #ForexNews #MarketNews

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GBPUSD headed for 1.30 after UK, EU reach Brexit deal
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17 October @ 13:16

By Han Tan, Market Analyst

GBPUSD headed for 1.30 after UK, EU reach Brexit deal
The Pound soared towards the 1.30 level against the US Dollar, after UK Prime Minister Boris Johnson and European Commission President, Jean-Claude Juncker both announced that a Brexit deal has been reached. Sterling’s surge reflects the relief among investors that both sides were able to get a... Read full post
Sentiment mixed as US data disappoints; Brexit under the spotlight
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17 October @ 10:26

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Sentiment mixed as US data disappoints; Brexit under the spotlight
Positive US earnings offset by weak economic data Fall in US retail sales increases bets for 25 basis points rate cut Pound falls after DUP  said  they won’t support current Brexit deal   Investors are positioning themselves for a choppy ending to the trading week.... Read full post
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16 October @ 16:20

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Dollar index drops after US retail sales' surprise contraction
The Dollar index (DXY) immediately fell by some 0.2 percent, dropping below the 98.0 psychological level once more, following the release of the September US retail sales data. The print showed a 0.3 percent month-on-month decline, versus the 0.3 percent gain that markets had expected. This was the... Read full post
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