Forex Market News March 12, 2019

Forex Market NewsGBPUSD has fallen 0.5% in the last session the ATR jumps into the high volatility area.

Amazon stock has shed 0.3% of the last session driving stochastic into the negative area.

Gold has bounced up 1 % of the last session sending the ATR into the high volatility area.

Crude oil has fallen 0.8% of the last session the commodity channel index is giving a positive signal.

 

US Consumer Price Index will be released at 12:30 GMT.

UK Industrial Production at 9:30 GMT.

UK Manufacturing Production at 9:30 GMT

US NFIB Business Optimism Index at 10:00 GMT.

US Red Book Index at 12:55 GMT and the

Japanese Domestic Corporate Goods Price Index at 23:50 GMT.

Northern Irish businesses urged British lawmakers to seek a compromise regarding the country’s departure from the EU.

US Dollar is likely to attract traders and haven seeking capital flows amid global slowdown fears.

Facebook’s stock gains percent as it removed pages groups and accounts tied to Iran for using and coordinating fake accounts.