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 and noted impressive declines, catalyzing rallies in the British pound. That saw EUR/GBP’s cross rate … Read more
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 bank hiked the funds’ rate two times. It increased the rates by 50bp in May, … Read more
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 May 2020, as recent United Kingdom GDP complicated the Bank of England’s calculus. GBP/USD dropped … Read more
Coinbase Stock (NASDAQ: COIN) crashed today, dropping 12.60% (-10.52) to around $72.99. Coinbase noted a loss in its latest quarterly results and reported users declining. Here’s a guide to purchasing the Coinbase stock amidst a dip. The last five days had the leading U.S crypto exchange recording a more than 41% decline in the stock. … Read more
USD/JPY trades beyond 131. The Japanese yen lost its safe-haven prestige. A decline beneath 127 would mean reversals. The Japanese yen witnessed a freefall, and the USD/JPY reflected the fall, with the exchange rate climbing beyond 131. That translated to the steepest drop in two decades. However, this isn’t the first time the Bank of … Read more
Sure Exchange Review To trade online in the most efficient manner, you need the full support of a reliable trading platform that you can rely on in the long-term. Choosing the right trading platform is critical and it is also the first step. There are many such platforms out there but most of them do … Read more
TRADE.com Review Financial markets remain an ideal setting for individuals to take advantage of price movements, especially now that there are plenty of brokerages out there, offering competitive conditions for traders. That seems to be the case with TRADE.com, a reputable trading powerhouse that provides, among several other investing services, CFD trading possibilities. TRADE.com operates … Read more
USD/CHF saw sideways action following the latest Fed Reserve minutes. The minutes revealed that the bank would begin quantitative tightening. The divergence between SNB and Fed has widened. USD/CHF went sideways following the latest Switzerland unemployment rate and hawkish stance by the US Fed Reserve. For now, the pair trades at 0.9326, slightly under the … Read more
Crypto Lloyds Review Many powerful trends have evolved over the last few decades, and one of them is internet trading. Due to the rise of the internet and technological advancement, trading is now possible from the comfort of your own home. Trade from your workplace or home and still have access to every opportunity that … Read more
USD/RUB has seen sharp declines within the past couple of days. GBP/USD remains in the spotlight due to BOE’s decision. Bank of Japan is ready to announce an interest rate decision. It remains a crucial week for the markets as many central banks announce their decisions on interest rates and the Russia-Ukraine crisis continues. Haven … Read more