Important upcoming events and publications for February 19 (GMT):
09:30 UK Unemployment claims have grown for 7 consecutive months and is expected to grow further, which is seen as a sign of tension before Brexit. Strong data are able to revive #GBP purchases.
10:00 German ZEW Economic Sentiment is considered as a reliable economic indicator, and since April last year it is in the negative zone, indicating the prevalence of pessimism. Another portion of the weak data is able to regain pressure on #EUR.
18:00 NAHB US housing market index dropped in 4Q18 but recovered a little in January. In February, further growth is expected, which may support #USD purchases.
See the detailed Economic calendar here
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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