In forex today, Asia markets were stifled by a wipe of holiday markets across Australia, China, and Hong Kong, leaving early markets with thin volumes as traders await the rest of the globe to wake up to Monday headlines. Next step of NAFTA completed as agreement gets a facelift (in name only) The big mover for the Asian market session was the USD/CAD, which gapped open at the market’s outset after trade talks between the US and Canada continued around the clock over the weekend, and a last-minute framework of an agreement has been reached by both countries, and US President Donald Trump is set to sign the new trilateral trade agreement, now called USMCA, by the end of November. EUR/USD: On the defensive after bearish outside week reversal, focus on Italy news Italy is dominating EU-centric headlines for the time being after the Italian government decided to snub EU deficit limits, and traders will be keeping an eye out for continued shakeout from Italian politicians, with the early part of the week set with a hectic but minimally-impactful economic calendar. GBP/USD holding above 1.30, for now Brexit headlines continued to cross the wires over the weekend and into the new trading week, but little momentum is seen on trade talks between the UK’s Prime Minister Theresa May and European Union leaders in Brussels, while hard-line Brexiteers in PM May’s own Conservative party continue to threaten to vote down any trade plan the PM manages to achieve with stoic EU leaders giving little quarter in talks, and uncertainty that the UK may face a hard Brexit afterall are back on the rise. Key notes from the Asia session Breaking News: Trump has approved framework deal with Canada to update NAFTA – Source familiar with decision ECB’s Coeure: policy normalization will be gradual USD/CAD Technical Analysis: Off 4.5-month low, the pair is respecting oversold 1H RSI FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: Another defense of four-month-long rising trendline could embolden the bulls FX Street 4 years In forex today, Asia markets were stifled by a wipe of holiday markets across Australia, China, and Hong Kong, leaving early markets with thin volumes as traders await the rest of the globe to wake up to Monday headlines. Next step of NAFTA completed as agreement gets a facelift (in name only) The big mover for the Asian market session was the USD/CAD, which gapped open at the market's outset after trade talks between the US and Canada continued around the clock over the weekend, and a last-minute framework of an agreement has been reached by both countries, and US… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
