BIG DAY Has Arrived Scottish Independence Vote & Yellen Speaking On The Same Day!
Technical Analysis Daily Majors & Minors
EUR/USD - Dollar lost ground across the board after inflation in the US resulted negative monthly basis down to -0.2% first time below 0.0% since October 2013. But how far could this movement go on for?
GBP/USD - The British Pound rebounded against the US Dollar as expected, with prices tapping a two-week high. But how will this fare with Scottish referendum result expected today.
Quick Daily update
• The UK rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
• Japanese consumer electronics giant Sony says its annual loss may be more than four times bigger than initially forecast, due to its struggling mobile business.
• Dixons Carphone is set to save 800 Phones 4U jobs, while mobile phone network operators Vodafone and EE are in discussions to buy parts of the stricken retailer.
Daily News To Watch
Thursday, 18th September 2014 Previous Forecast A
PY BOJ Gov Kuroda speaks - -
CHF Libor Rate <0.25% <0.25%
CHF SNB Monetary Policy Assessment
GBP Retail Sales m/m 0.1% 0.4%
EUR Targeted LTRO
USD Building Permits 1.06M 1.04M
USD Unemployment Claims 315k 312k
USD Fed Chair Yellen Speaks
USD Philly Fed Manufacturing Index 28.0 22.8
All Day - Scottish Independence Vote
By Nikhil Pankhania
Senior Market Analyst & Trader