Fundamental view: Pound showed a downward movement against the dollar in this week. All the brits are demanding for the quarantine due to rapid spread of delta virus elsewhere The UK is not only get in suffering from the rapid spread of the Delta variant, and broader markets have come to terms with the strain's [...]
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: Pound went back and forth against dollar in this week. Prime Minister Boris Johnson made an announcement that the UK would fully reopen on July 19, scrapping hundreds of COVID-19 restrictions. This set of rules and prospects of a return to normal temporarily boosted the pound. Whereas The US Center for Disease Control [...]
Fundamental view: The Britain pound has made a fall against the greenback during the previous week. The biggest worry is the ongoing spread of the Delta variant of coronavirus, which may put a question on the already delayed reopening due on July 19. On the other hand, Along with favorable US data, Fed's move also [...]
