Hot Assets

Important news for this week:
Mar 19, 01:30 AU RBA Meeting’s Minutes
Mar 19, 10:30 UK Average Earnings excluding Bonus (3Mo/Yr)
Mar 19, 11:00 DE ZEW Survey – Economic Sentiment

After a very old law digged out by the President of the British Parliament there will be no new vote on May’s idea for the Brexit. Bercow has henced been criticized a few times already to make too “European friendly” decisions. However, the story is that one of the oldest governments in the World can’t find an agreement on the population’s vote from a few years back and now rather appears to be like a Puppet Theater. Meanwhile the weakness in the USD continues also today before the European session and could likely last throughout the trading day. Stock markets are still standing solid with possibly also further gains ahead, while the Gold price is decionless in between zones.

EURNOK: we sold again at 9.8450 with SL now at 9.78 and TP at 9.50
GBPUSD: we bought at 1.3315 with SL at 1.3075 and open TP
EURJPY: we sold at 126.10 with SL at 126.65 and open TP

 

Happy Trading,
Frank

 

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