Weekly Review: Friday 8th March 2019

Mark Nugent March 2019, Weekly Review

Weekly Review: Friday 8th March 2019

A dismal end to a horrible week. Solid risk-off. We end on a horrible NFP number in the US, large Trade Balance misses in China and German Factory Orders declining for the third successive month.

And on Brexit, we have no breakthrough and no meetings planned before next week’s vote-fest in parliament.

I think there is now a significant chance of no Brexit at all and Theresa agrees with me.

Next week is going to be a real roller-coaster for the GBP.

I manage one trade – USDCAD long, out for a gain of +1.5%.

Have a great weekend and I’ll see you on Monday.

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