Daily Alert: Thursday 11th April 2019

Mark NugentApril 2019, Daily Alert

Daily Alert: Thursday 11th April 2019

The FOMC Meeting Minutes simply re-affirm the Fed’s new dovishness with a majority of members seeing no further hikes this year.

The EU27 grant a Brexit extension until Oct 31.

Equities are flat.

I take the GBPCAD trade last night and as flagged in yesterday’s Daily Alert. So far it is 1 x risk in the money as the GBP rises on the Brexit extension and the CAD continues to fall.

It’s been a quiet week with few opportunities. That’s the way it goes sometimes.

I’ll be with you on Monday with your Trading Plan.

Have a great weekend when it arrives.

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