Technical Analysis Daily Majors & Minors • EUR/GBP - The euro was rising on Friday against the pound but during the New York session lost momentum and turned negative. EUR/GBP approached weekly highs that lie at 0.7897 and bounced to the downside. How will we see this trend this week?
Quick Daily update • Stock markets across Europe see steep falls as fears about strength of the global economy deepen, with the FTSE and Dax closing at the lowest level in a year. • The boss of Microsoft, Satya Nadella, apologises for remarks he made advising women not to ask for a pay rise but to have "faith in the system". • The gap between the amount the UK imports and the amount it exports narrowed in August, the latest official figures show. • The Bank of England has held UK interest rates at a record low of 0.5%.
Daily News To Watch Monday 13th October 2014 Previous Forecast Actual BANK HOLIDAY USD/CAD/JPY
By Nikhil Pankhania
Senior Market Analyst & Trader