Sterling back lower as hopes of a Brexit deal gets dented. GBP/USD off the highs and down to session lows around 1.2672.

Market news

16 October 2019

Sterling back lower as hopes of a Brexit deal gets dented. GBP/USD off the highs and down to session lows around 1.2672.

Bloomberg with the headlines, citing a UK official on the matter says that DUP is holding up progress and that chances of a Brexit deal are low

‘Awfully high’ risks of a global recession in the next 12-18 months - Moody’s chief economist

US Retail Sales and Brexit negotiations amongst market movers today – Danske Bank

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.