Fear Factor in the Forex market: The pound continues to deteriorate, the dollar jumps.

So far today the British currency retreated by 0.6% against the US dollar to a price level of 1.29 dollar to the pound , a low of 31 years.

The trading on the European exchanges this morning is traded with declines, for the third consecutive day.
London decreasing by 0.3%, Frankfurt decreasing by 0.8%, Paris retreated 0.9%.

There is a negative trend in  New York, a sharp declines in the oil prices, also at the banks and airlines stocks.

The level of US factory orders fell in May by 1% , much more than the expected drop of 0.5% and after an increase of 1.9% in April.

Forex market, at this time, the pound fell against the US dollar by 1% and is trading at the price level of 1.3156.
The Euro rising by 0.1% against the US dollar and was trading at a price level of 1.1163.

The tension came back to the markets, towards the announcement by the Bank of England on the economic plan after the referendum to leave the EU.

The Purchasing Managers’ Index in China , which examines the activities of small and medium business services sector climbed in June to 52.7 points, compared with 51.7 in May, this is the biggest gain in 11 months.

The trading on the European stock markets is conducted with price declines.
decreasing of 0.7% in London, Frankfurt going down by 0.8%, Paris weakened by 0.7%.

The price of the Gold went up in trade by 1.2% and traded for 1,345 dollars an ounce.
A record of more than two years which was recorded in March 2014.

Expectations that central banks in Asia and Europe will provide incentives for the economy.
Global funds already poured $ 750 million into shares in emerging markets in Asia this month, in view of expectations that the Federal Reserve will not going to raise the interest rates this year.