Oil, Crude, trading
Read More »Market Drivers – European Session 12/9/2022
The UK economy grew during the month of July of 2022 by 0.2%, which came less than expectations that indicated a growth of 0.3%, to get the economy out of a contraction, it suffered in June when the economy recorded a contraction of 0.6%. The services sector recorded an increase …
Read More »GBP continues to advance against USD 12/9/2022
Oil, Crude, trading
Read More »GBP takes advantage of USD 9/9/2022
Oil, Crude, trading
Read More »GBP is building on support 8/9/2022
Oil, Crude, trading
Read More »GBP/JPY: making strong gains 7/9/2022
The British pound jumped against the Japanese yen, achieving remarkable gains during the previous trading session, reaching its highest level of 165.42 at the opening of today’s trading session. Technically, with the pair’s success in building a support base of 164.40, is accompanied by obtaining a positive stimulus from the …
Read More »GBP is falling again 7/9/2022
Oil, Crude, trading
Read More »GBP makes instant gains 6/9/2022
Oil, Crude, trading
Read More »Market Drivers – European Session 5/8/2022
A European Commission spokesman said on Monday that Russia could pump more gas to Europe via other routes after the Nord Stream 1 pipeline was shut down, but Moscow chose not to. “If there is a technical problem that hinders supplies via Nord Stream 1, it is possible, if there …
Read More »Financial Markets’ Weekly Recap, Aug 29- Sept 2
The Non-Farm Payrolls report has been the dominant market for the past week. Nonfarm Payrolls in the US rose by 315,000 in August, this reading followed July’s increase of 526,000 (revised from 528,000) and came in slightly better than the market expectation of 300,000. The Unemployment Rate rose to 3.7% …
Read More »