Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. Stock Global broker reviews There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Trendin Graphs broker scam Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

Bill Diviney, senior economist at ABN AMRO, expects the Fed to formally announce a decision on the balance sheet at the 29-30 October FOMC.“The question is, by how much will the Fed need to regrow the balance sheet, and at what pace? Clues for this are provided by the continued repo operations that the NY Fed has conducted to address the liquidity shortage in the short term. While demand at these operations has fallen considerably, from a peak of $92bn in September to $30.8bn in today’s operation, the Fed will want to regrow the balance sheet at least by the maximum amount demanded at these operations, plus a buffer to be sure demand is sufficiently met.”“We therefore expect an initial boost of c.$150-200bn – Stock Global broker scam with purchases conducted over a few months – followed by organic growth of the balance sheet in line with nominal GDP growth (to meet growing cash demand – as occurred prior to the financial crisis), Asset Gates forex broker i.e. c.4% p.a. In the meantime, the Fed will likely want to continue its repo operations until it judges the balance sheet has reached a level sufficient to cover reserve demand.”Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

Analysts at TD Securities note that UK’s August GDP came in at -0.1% m/m, a touch weaker than consensus of flat.“Details show most of the downside coming from industrial production, while construction bounced a bit (+0.2%) and services were flat m/m.”“Given the solid 0.4% growth rate in July, it would take a September reading of below -1.0% m/m in order to actually see Q3 GDP growth overall come in negative, so the odds of a technical recession in the UK for the Q2-Q3 period are quite low.”Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before Asset Gates broker reviews entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

The GBP/USD pair once again showed some resilience below the 1.2200 round-figure mark on Thursday and witnessed a solid rebound from support marked by 61.8% Fibonacci level of the 1.1958-1.2583 recent strong move up. The intraday buying interest picked up some pace in the last hour and lifted the pair to fresh session tops, levels beyond mid-1.2200s.   The mentioned region coincides with 50% Fibo. level and is closely followed by 200-hour SMA near the 1.2285 region – overnight swing high. A sustained move beyond the mentioned barriers might be seen as a key trigger for bullish traders and set the stage for a further intraday appreciating move towards 38.2% Fibo. level resistance – around the 1.2345 region.   Meanwhile, technical indicators on the 1-hourly chart have been scaling higher and also recovered from the negative territory on the 4-hourly chart, reinforcing the intraday bullish bias. However, oscillators on the daily chart maintained their bearish bias and warrant some caution before placing any aggressive bullish bets amid persistent Brexit-related uncertainties.   Alternatively, rejection slide from the current resistance area, leading to a subsequent slide below the 1.2235 horizontal zone might now accelerate the slide back towards the 1.2200 handle. Failure to defend the mentioned 61.8% Fibo. Asset Gates broker scam level support might inspire bears to drag the pair further towards the 1.2160 intermediate support ahead of the 1.2110-1.2100 region.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .