Fundamental view: Pound fell against greenback in the last week. US Powell spoke regarding monetary policy. He said that inflationary pressures are likely to be temporary and pledged to maintain the financial support until the economy fully recovers. Meanwhile, Democrats presented a $3.5 trillion infrastructure package. On the other hand, In the UK, Prime Minister [...]
Fundamental view: The Euro has fallen during the week, as US dollar has strength this week. US Federal Reserve Chairman Jerome Powell testified before Congress on monetary policy. In his semi-annual presentation, he repeated that inflationary pressures are likely to be temporary and pledged to maintain the financial support until the economy fully recovers. European [...]
Every trader should ultimately consider is how often they should trade. Do they do one trade a day, 100 or more a day? Determining the times of trading is likely to occur naturally, all traders should stop and evaluate how much they are trading, and if it is possible for them to undertake or overwrite [...]
USD/JPY pays attention on Bank of Japan’s (BOJ) monetary policy announcements, stays bullish moment on pair among early Friday. The reason could be traced to the US dollar’s sustained strength for its best weekly gain in about a month, supported by buying on investor worries about quicker U.S. interest rate increases and by rising virus [...]
