Cable traders are cautious ahead of the Uk events. The elections in the UK, including Scotland, as well as the Bank of England’s (BOE) Quarterly Inflation Report (QIR) could direct the cable further. Britain holds its first local and regional elections since Brexit and the coronavirus pandemic on Thursday, In the recent years the United [...]
What is a currency strength meter? Currency strength meter is a technical indicator in forex trading. CSM shows an at-a-glance view of what is going on in the forex market. Any trader needs to know the direction of the currency pair. It is also important to remember that the market movement is defined by the [...]
The favorable unemployment report seems to support the New Zealand dollar against the greenback. The jobless rate of New Zealand in the three months ended March fell to 4.7 percent from 4.9 percent in the previous quarter, and compared with forecasts of 5.6 percent. The participation rate increased to 70.4 % from previous record of [...]
British government on Tuesday seek to agree decisive action from G7 partners to protect democracies against global threats like those posed by China and Russia. In the second day of Hosting in the foreign ministers' meeting in London designed to lay the groundwork for a leaders' summit in June, Raab will lead talks among the [...]