Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
DailyFX Week Ahead Video: Brexit Talks and Possible Catalan Contagion

DailyFX Week Ahead Video: Brexit Talks and Possible Catalan Contagion

Talking Points

- Politics and Brexit will continue to dominate trade in the Pound in the week ahead.

- For the Euro, developments in Catalonia need to be watched closely.

- For the Dollar, the FOMC minutes and US inflation data hold the key.

What Does the Fourth Quarter Hold for the Dollar, Euro, Pound and Other Key Markets? Find out here

The Pound has been losing ground steadily against the US Dollar and GBP/USD weakness is likely to continue into the new week. Politics will continue to dominate the news headlines, with a possible leadership challenge to Prime Minister Theresa May on the cards and another round of Brexit talks looming, so another leg lower for the Pound is distinctly possible.

Politics is also beginning to dominate Euro trading as there seems to be an impasse in the Catalan quest for independence. So far there has been little sign of contagion, but if this changes and there’s any suggestion of support for the Catalonian cause from other parts of the EU things may change for the Euro.

As for the Dollar, a strong employment picture in the US has made another US interest rate increase even more likely. In the week ahead, the release of the minutes of the last FOMC meeting, at which the US left rates on hold, could affect expectations while consumer price inflation figures on Friday also need to be watched closely.

--- Written by Martin Essex, Analyst and Editor

To contact Martin, email him at

Follow Martin on Twitter @MartinSEssex

For help to trade profitably, check out the IG Client Sentiment data

And you can learn more by listening to our regular trading webinars; here’s a list of what’s coming up

Check out our Trading Guides: Several new ones are now available including Forex for Beginners, Building Confidence and Traits of Successful Traders

Like to know about the Traits of Successful Traders? Just click here

Or New to Forex? That guide is here

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.