What you could know concerning the foreign exchange market this month The market at all times
What you could know concerning the foreign exchange market this month
The market at all times lives by
expectations. But, now and again we strategy necessary deadlines after
which issues change, currencies transfer, markets regulate and new expectations are
shaped.
This month is wealthy with such deadlines. On this
article, we have now gathered necessary information
and tips
that can ease your navigation by means of the upcoming occasions.
Information bulletin: Key subjects
Brexit
No-deal Brexit looks as if a enjoyable thought
for a Halloween costume, besides that this end result continues to be on the desk, the
deadline being set on Oct. 31, and it will not be good or enjoyable for anybody if
Britain and the European Union divorce the arduous manner. Earlier than that, there’s
one other deadline – Oct. 11 – for the UK to ship its Brexit proposal.
If Prime Minister Boris Johnson
would not give in and make important concessions and the EU rejects his plan,
the state of affairs will look dangerous. The GBP is not plunging for now as there are robust
hopes that both the British Parliament or the courts will step in to dam or
delay the arduous Brexit.
Nonetheless, nobody is aware of for positive what is going to truly
occur this month, so the dangers are clearly elevated – one thing you need to
bear in mind when you plan to commerce the GBP.
Commerce downside
Similar to with the earlier…