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Oil, Crude, trading
Read More »GBP is facing negative pressure 28/3/2022
British Pound retests support 25/3/2022
Oil, Crude, trading
Read More »British Pound retests support 24/3/2022
Oil, Crude, trading
Read More »British Pound Rallies Strongly 23/3/2022
Oil, Crude, trading
Read More »GBP: Hits The Resistance, Negative Pressure Continues 22/3/2022
Oil, Crude, trading
Read More »GBP: Needs to Monitor Price Behavior 21/3/2022
Oil, Crude, trading
Read More »Market Drivers – European Session 17-3-2022
In its latest monetary policy announcement, the Bank of England (BoE) opted to raise the benchmark UK interest rate by a further 25bps to 0.75% from 0.50%, as had been widely expected. GBP’s kneejerk reaction was to drop sharply as a result of only eight on nine Monetary Policy Committee …
Read More »Market Drivers – European Session 16-3-2022
Canadian inflation hit 5.7% YoY in February, according to Statistics Canada’s latest headline Consumer Price Index (CPI) release on Wednesday. That was above the expected rise to 5.5% from 5.1% in January. The MoM increase in the headline CPI in February was 1.0%, a little above the 0.9% expected and …
Read More »Market Drivers – European Session 14-3-2022
Ukrainian President Volodymyr Zelenskyy will address the US Congress at 1300 GMT on Wednesday, March 16, US Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi announced in a joint statement on Monday. A Ukrainian negotiator said on Monday that official talks with Russia had been paused until Tuesday, as …
Read More »Market Drivers – European Session 9-3-2022
The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank …
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