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Trading plan Forex for 09.11.2018

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On Friday, the 9th of November, the event calendar is busy with important data releases. The event of the day is the UK GDP and Industrial Production data release. Moreover, there are other data to keep the eye on, like Industrial Production data from France and Germany, PPI and Core PPI data from the US together with the UoM Consumer Sentiment data release. There is a speech from FOMC Member Randal K. Quarles scheduled later in the day as well.

Trading plan Forex for 05.11.2018

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On Monday, the Asian stock market shines red, but the currency market is calm. The pound is the strongest on the foreign exchange market. The UK media reports that Prime Minister May has a secret plan that will ensure an agreement on Brexit and will be approved by the parliament. GBP / USD initially jumped to 1.3050 after the report, but then it started to move back and is now at 1,3005.

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