Lagarde hinted at two rate increase Negative rates see the end. EUR/USD broke out of a declining wedge setup. The Forex market welcomed the trading week with rallies from the euro. The euro jumped following comments by Christine Lagarde of…
BOJ still views inflation as transitory. The yen plummeted to around 131 against the U.S dollar. A reversal setup might be impending. Swift declines of the Japanese yen (over the past few years) triggered some of the move lucrative actions…
Sterling sees bullishness following United Kingdom employment data. The EUR/GBP pair tests crucial support. The central banks exhibit divergent policies. EUR/GBP responded to the United Kingdom data that exceeds expectations. Early on Tuesday, the Unemployment Rated and Claimant Count changed…
EUR/USD nears parity. Amundi believes the pair will do so within six months. ECB and Fed to diverge The United States dollar recorded rallies in the Forex space as the Fed Reserve adopted a new tightening series. The U.S central…
The GBP/USD plummeted to its lowest levels since May 2020. Data showed the economy deteriorated in March. There are worries about increasing rates amid stagflation. The British pound witnessed a massive crash that saw it touching levels last seen in…
Earl Coleman