After most of the data for the week GBPUSD advancing
GBP/USD has been moving higher this week as a result of the strong labor market in the UK and the high inflation readings.
Source: cityindex.co.uk
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Powell said it Not considering 75bps rate hike Do markets believe him
Based on today’s price action so far, it doesn’t seem like the markets are taking Powell seriously.
Source: cityindex.co.uk
US CPI higher than expected Could the Fed hike 50bps
How much longer could inflation be sustained at this level?
Source: cityindex.co.uk
USDRUB hit flag target Whats next
If the headlines continue to be negative regarding Russia invading Ukraine, it should provide a stronger reason for USD/RUB to move higher.
Source: cityindex.co.uk
OPEC holds its ground, but can WTI and the Canadian Dollar do the same?
OPEC holds its ground, but can WTI and the Canadian Dollar do the same? Joe Perry March 4, 2021 7:02 PM The outcome of the OPEC+ meeting was a bit of a surprise! Share: The outcome of the OPEC+ meeting was a bit of a surprise! Given the rise in oil prices, particularly since February 1st, WTI prices have risen over 20%! Many analysts had forecasted that the rise in crude prices, combined with the decreased supply and the increase in expected demand...
Source: cityindex.co.uk