Consumer confidence result coming out which could predict non farm results the end of the week
Technical Analysis Daily Majors & Minors • GBP/USD - The Sterling's recovery from nearly 2-week lows around 1.6210 against the US Dollar was contained by the 1.6250 level where the pair found selling interest. But how will this move the rest of the day?
• EUR/USD - continues to hover around the 1.2700 level after staging a mild recovery from fresh cycle lows during the European session. But how will this be trending towards non farms day on Friday?
Quick Daily update • The former treasurer and head of tax at supermarket group Morrisons has been charged with insider dealing. • A future Conservative government would freeze benefits paid to people of working age for two years, Chancellor George Osborne tells the Conservative
Daily News To Watch Tuesday 30th September 2014 Previous Forecast Actual 09:30am GBP Current Account -18.5B -16.9B 10:00am EUR CPI Flash Estimate y/y 0.4% -0.3% 13:30pm CAD GDP m/m 0.3% 0.2% 15:00pm USD CB Consumer Confidence 92.4 92.2
By Nikhil Pankhania
Senior Market Analyst & Trader