Share:
  • Duration:

You need to be logged in to view this content.

Summary

Over the past few months markets have seen a a steady rally for the dollar as traders begin to price in the end of the Fed's quantitative easing era. For Euro and Cable this has meant a sharp pull back that has seen losses at 8% and 5% respectively against the greenback. Yet with the policy direction of both the European Central Bank and the Bank of England beginning to divergence there is some profits to be made. Let us explore the causes and consequence of the convergence and divergence of EURUSD and GBPUSD and see how we can take advantage of the changing environment."
Share:

Follow us on Telegram

Stay updated of all the news

Join Telegram

Latest Live Videos


Follow us on Telegram

Stay updated of all the news

Join Telegram

Latest Live Videos

Editors’ Picks

EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates

EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates Premium

The EUR/USD pair lost additional ground in the first week of February, settling at around 1.1820. The reversal lost momentum after the pair peaked at 1.2082 in January, its highest since mid-2021.

Gold: Volatility persists in commodity space

Gold: Volatility persists in commodity space Premium

After losing more than 8% to end the previous week, Gold (XAU/USD) remained under heavy selling pressure on Monday and dropped toward $4,400. Although XAU/USD staged a decisive rebound afterward, it failed to stabilize above $5,000.

GBP/USD: Pound Sterling tests key support ahead of a big week

GBP/USD: Pound Sterling tests key support ahead of a big week Premium

The Pound Sterling (GBP) changed course against the US Dollar (USD), with GBP/USD giving up nearly 200 pips in a dramatic correction.

Bitcoin: The worst may be behind us

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.

Three scenarios for Japanese Yen ahead of snap election

Three scenarios for Japanese Yen ahead of snap election Premium

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans. 

Three scenarios for Japanese Yen ahead of snap election

Three scenarios for Japanese Yen ahead of snap election Premium

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans.

MAJORS

Cryptocurrencies

Signatures