USD/TRY Pushes Higher Following Erdogan's Comments on Interest Rates
USD/TRY pushed higher late on Tuesday as Turkish Prime Minister Recep Erdogan made his case for lower interest rates.
Read More »Recap May 15: Elon Musk Dogefather, Binance Investigation, War in Israel (Recap ep123)
In today’s recap, we talk about how Elon Musk is affecting the behavior of Dogecoin and other cryptos; There’s an undergoing investigation for Binance, and the armed conflict between Palestine…
Read More »UK PM Johnson: London to go into tier 4 level of restrictions
In a press conference on Saturday, British Prime Minister Boris Johnson said that he had been briefed on data showing that the new variant of the coro
Read More »FX Update – December 11 – USD & GBP Remain Heavy
EURUSD, H1 The Dollar softened against most currencies, with most stock markets and oil prices rising in Asia, although overall risk appetite in global markets is relatively more subdued compared…
Read More »Recap November 15: Covid Vaccine! Election Results? (Recap ep097)
In this week’s recap, we talk about the effects in the markets of the announcement of the Pfizer-BioNTech new covid vaccine and also the unofficial election results published by the…
Read More »Australian PM Morrison says confidence in Australia’s economy is returning
The closely watched NAB business survey is out for October: Comments from the Australian Prime Minister Australia’s second-largest state (in population terms) is still emerging from its 2nd lockdown and business…
Read More »Sterling (GBP) Weekly Outlook – Brexit Deadline Nears as UK PM Johnson Comes Under the Spotlight
The UK Prime Minister Boris Johnson has had an uncomfortable week and next week is likely to continue in the same vein as Brexit and Covid-19 worries continue.
Read More »UK will extend its wage covering scheme during the new coronavirus lockdown
UK Prime Minister Johnson has announced the new COVID-19 related lock down. In brief details of the new measures are here: The wage furlough scheme is to continue for workers…
Read More »GBP/USD remains steady above 1.2900 despite hard-Brexit speculation
The sterling has shown resilience on Friday and managed to trim previous losses against the US dollar despite UK PM Boris Johnson’s plea to prepare fo
Read More »Recap August 30: Elon Musk Next Richest Man – Stocks At Record Highs (Recap Ep086)
In the recap of this week, we found that U.S. stocks end higher, Dow wipes out its 2020 losses at open temporarily. U.S. stock index the S&P 500 futures rose…
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