The United Kingdom has been long supporting the case to modify the Northern Ireland Protocol amid the barriers it creates in Northern Ireland. Another issue comes from delay and prices rises amid checks requirements.However, the Union has refused to reopen the treaty and has threatened to use “all the measures …

The EUR/USD pair is soaring and is closing to the 1.0700 mark, as the US dollar trading remains softer amid positive market sentiment, and an additional hawkish push provided by the ECB President Christine Lagarde, saying that a rate hike on July, it’s possible. At the time of writing, the …

The GBP/USD pair opened the week near the 1.2470s area and, due to favorable market sentiment, rallied 100-pips, reclaiming the 1.2500 mark and closing at the 1.2600 price level, last seen on May 5.The sterling is extending its recovery after posting its first weekly gain in five and begins the …

Some of the more hawkish European Central Bank policymakers are annoyed at the rate-hike timeline outlined by central bank President Christine Lagarde, Bloomberg reported on Monday citing sources, given some had preferred a faster option. Lagarde effectively signaled in a blog post on Monday that the bank would bring rates …

On Monday, markets are getting prepared to deal with a new government in Australia, whose new leaders will be sworn in following the Labour Party’s electoral victory Saturday.In what is a seismic shift in its politics, the Australian dollar traders will be weighing the implications for markets following almost a …

European Central Bank President Christine Lagarde said the first increase in interest rates in more than a decade may come in July, but meanwhile she downplayed the idea of a half-point move amongst accelerating concerns about economic expansion. Lagarde joins a number of ECB policymakers calling for a July hike …

Federal Reserve chairman Jerome Powell doubled down on his agency’s commitment to fighting inflation, but warned Americans of further rough pains ahead. The US central bank declared war against inflation. Monetary policy tightening is still the major trend in the light of statements by the Fed officials and policymakers. Accelerating …

The negative market mood increased appetite for safe-haven peers in the forex space, particularly the USD, while the JPY is the weakest on the week’s last trading day. US equities plunged between 1.51% and 2.49%, reaching fresh 52-week lows. That despite investors’ cheered rate cut of 0.15% by the Bank …

US energy drillers this week added oil and natural gas rigs for a ninth consecutive week according to data released on Friday, as mostly small producers respond to high prices and prodding by the government to ramp up output.Since Moscow invaded Ukraine on Feb. 24, the US government has urged …

The US Dollar Index reclaimed the 103.000 mark but ended the week with losses of 1.38%, meanwhile, the Canadian dollar gained 0.47% versus the USD in the week, which was soft throughout the whole week. The USD/CAD pair has been seesawing during the North American session and is recording minimal …