Turkish President Tayyip Erdogan’s support of rate cuts sends the Lira into a tailspin while the ZAR struggles to make headway in the aftermath despite recently raising rates
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Turkish President Tayyip Erdogan’s support of rate cuts sends the Lira into a tailspin while the ZAR struggles to make headway in the aftermath despite recently raising rates
from DailyFX – Market News https://bit.ly/32wJwJT
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Trader confidence remains high in the financial markets generally, but IG client sentiment data are sending out a bearish contrarian trading signal for NZD/USD.
from DailyFX – Market News https://bit.ly/3FEIZDD
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US Treasury yields moved higher on Monday after Jerome Powell was re-elected as Fed chair pushing the price of gold sharply lower.
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Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.
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The US Dollar remains firm as Jay Powell’s reselection as Fed chair brings a withdrawal of US monetary stimulus closer; that suggests a continuation of the current weakness in GBP/USD.
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