The picture with the GBP is mixed with positioning, sentiment and the BoE making the immediate path tricky. The Bank of England was one of the first major banks to increase interest rates in order to deal with surging inflation
See my latest comments to the Daily Express here on the GBP and the potential for the BoE to cut rates in 2023.
The RBNZ squares up to the inflation battle and may have set a precedent for other central banks to follow
Big round numbers have a big impact in financial markets. You can check that impact out here.
Should you buy the dip or not? How do you decide? Check out the merits of buying the dip and the dangers too hear!
Pair strength against weakness to increase the chances of currency direction
This article explains how gold traders can use real yields and the USD to assist with near term gold direction. The so called ‘Secret Sauce’
Bloomberg had an interesting piece on the ways that COVID-19 had impacted the US economy as they considered the lasting impact of COVID-19. Some of these transformations have fast forwarded a digital transformation and look like they will permanently transform the US economy
