Cable traders are cautious ahead of the Uk events

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 [...]

Upbeat in unemployment report favors Kiwi

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 [...]

Britain seek to agree decisive action from G7

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 [...]