Greetings,
This week, we meet one day of balanced GBP, two days of weak GBP and two days of strong GBP. Brexit has some progress. I suppose GBP may rise to 1.33 and after adjustment, rise towards 1.40.
CAD is weak because sell fact for new NAFTA, as known as USMCA. AUD and NZD are affected by trade dispute, I suppose.
CHF is week because Swiss has trade dispute with EU and EUR/CHF is still in the progress of correction.
EUR is affected by Italy, I don't think there is big problem of Italian government‘'s’ fiscal deficit target at 2.4%, while EU recommond it within 1.5% - 1.7%. I don't think there are big problem if Italy has larger fiscal deficit to meet its domestic demand, but with the progress of EU starting tighten its policy, there may be more conflict among EU countries.
I wrote above words just for fun, while waiting to see if any one need my support in FA. If you consider them too much and trade without regards to technical aspects, I am not responsible.
I am not tired and it is 3:07 AM in China, I will fall asleep soon.
Thank you for reading,
Good Luck.
This week, we meet one day of balanced GBP, two days of weak GBP and two days of strong GBP. Brexit has some progress. I suppose GBP may rise to 1.33 and after adjustment, rise towards 1.40.
CAD is weak because sell fact for new NAFTA, as known as USMCA. AUD and NZD are affected by trade dispute, I suppose.
CHF is week because Swiss has trade dispute with EU and EUR/CHF is still in the progress of correction.
EUR is affected by Italy, I don't think there is big problem of Italian government‘'s’ fiscal deficit target at 2.4%, while EU recommond it within 1.5% - 1.7%. I don't think there are big problem if Italy has larger fiscal deficit to meet its domestic demand, but with the progress of EU starting tighten its policy, there may be more conflict among EU countries.
I wrote above words just for fun, while waiting to see if any one need my support in FA. If you consider them too much and trade without regards to technical aspects, I am not responsible.
I am not tired and it is 3:07 AM in China, I will fall asleep soon.
Thank you for reading,
Good Luck.
