Daily Alert: Friday 24th March 2017

Mark NugentDaily Alert, March 2017

Forex Analysis for Friday 24th March 2017

Thursday: UK Retail Sales were positive (1.4% vs 0.4%). In the US, Trump’s healthcare vote is delayed until this afternoon. Trump says if it does not pass he will leave Obamacare in place.

BoE’s Vlieghe said that inflation does not necessarily mean a rate hike.

With the delay in the US healthcare vote, markets remain quiet. The USD and US equity indices hardly move. Oil and gold consolidate and the US 10-year Treasury barely moves. On the currency markets, there is consolidation all around.

Today sees CAD CPI.

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