Europe FX Handover 26th March 2019

Blue avatar for FOREX.com guest contributors
By :  ,  Financial Analyst

  • Dollar Index traded flat to slightly firmer throughout most of European session, with GBP climbing on Brexit delay and soft exit hopes
  • Brexit latest: MPs seized control of the exit process last night. A few ministers resigned to join a cross-party effort to develop a Plan B to Prime Minister Theresa May’s deal.
  • Elsewhere,  safe-haven precious metals (and JPY) weakened as major EU indices regained their poise after a big sell-off Friday, following on a firmer Asian session overnight. Government bond prices fell as market participants wondered whether recent concerns over a recession are justified. Crude oil gained ground amid risk-on rebound. It remains to be seen if the risk rally can sustain itself given recent worries over a recession.


Related tags: Forex Forex

Open an account in minutes

Experience award-winning platforms with fast and secure execution.

Live Virtual Trading Events

Our interactive live virtual events, led by our industry experts, come highly recommended and can help provide your trading with the edge it needs.
Economic Calendar