Sustained buying interest around the dollar drags GBP/USD to a near three-week low on Tuesday. A weaker risk tone and high yields on US Treasuries benefit the dollar. The decline looks limited as investors await the crucial US CPI report later this week. The pair GBP/USD has managed to recover a few pips from the […]
Tag: Politics
UK: Boris Johnson to address Cabinet on Tuesday – Reuters
After winning the vote of confidence by a 59% majority on Monday, British Prime Minister Boris Johnson will address the Cabinet on Tuesday.reports Reuters citing sources with knowledge of the matter. According to the agency, Johnson will ask for progress in reducing the cost of living, improving health, police surveillance and in the union of […]
GBP/USD remains at 1.2550, all eyes point to US CPI.
GBP/USD bounced on Monday from a key support zone at the top of 1.2450 to the mid 1.2550 level. The British pound is outperforming despite the impending no-confidence motion against the UK Prime Minister, which could unseat him from office. Otherwise, the week will be quiet until Friday’s US CPI data is released. Despite British […]
Putin allegedly has pancreatic cancer
It was talked about 100 days ago, at the beginning of the Russian invasion of Ukraine: Vladimir Putin would have a tumor, or a terminal illnessand the disease would have accelerated his “revenge” against pro-European Ukraine. There had been his disappearance for a few minutes from the event at the Moscow stadium, the absence from […]
US politics and risk aversion are factors favoring dollar strength — Janet Yellen
When asked about the strength of the dollar, US Treasury Secretary Janet Yellen said they were committed to market-determined exchange rates, Reuters reports. “The tightening of US monetary policy and risk aversion are factors that favor the strength of the dollar,” added Yellen. Other points to consider “The assets of the Russian central banks are […]
A Le Pen victory will send stocks down and weaken the euro – Bloomberg
According to investors and strategists interviewed by BloombergEuropean stocks, as well as the euro, will suffer on Monday if there is a victory for nationalist Marine Le Pen in the French general election. Read: French Elections: EUR/USD Buying Opportunity? Macron’s advantage is underestimated – Three scenarios Featured Findings “Macron leads Le Pen by 55.5% to […]
EUR/GBP hangs on to gains near 1-week high, holds steady above 0.8350
EUR/GBP opened with a gap higher on Monday, although it lacked follow-up buying. The Ukraine crisis continued to act as a headwind for the euro and limited the uptrend. The crossing EUR/GBP It maintained its offered tone during the mid-European session and was last seen trading around the 0.8370 region, just a few pips below […]
Shaky start to the week as markets focus on geopolitics and US yields.
This is what you need to know to trade today monday april 11: The American dollar The new week has started on the defensive and the DXY dollar index has opened with a big bearish hole. Nevertheless, Negative change in risk sentiment seen early on Monday helps dollar regain strength. In addition, US Treasury yields […]
EUR/JPY remains within weekly ranges just above 135.00
EUR/JPY remains well within ranges this week on Friday just above 135.00 and on track to finish the week flat. Nerves ahead of the French election may have prevented the pair from benefiting from a rise in Eurozone yields. Reports that the ECB has a new crisis tool in the works that would address disorderly […]
Nancy Pelosi will visit Taiwan on Sunday
The Japanese outlet Fuji News Network (FNN) reported on Thursday that the Speaker of the United States House of Representatives, Nancy Pelosihas planned visit taiwan on sunday april 10. The first visit by a sitting speaker of the US House of Representatives since 1997 is likely to upset Beijing and heighten US-China tensions. Global Times […]
