Pound Strengthens as BoE Deviates from Negative RatesForex

Pound Strengthens as BoE Deviates from Negative Rates

The pound managed to gain some leverage as the Bank of England dismisses forecasts on negative interest rates.   Similarly,…

Dollar Reverts Early Gains with Democrats’ Current LeadForex

Dollar Reverts Early Gains with Democrats’ Current Lead

The control in the senate remains the determinant of the market’s pulse on Biden administration.   In the latest update,…

Pound Under Pressure, England Heads for its Third LockdownForex

Pound Under Pressure, England Heads for its Third Lockdown

Pound releases off some steam as England gears for its third nationwide lockdown amid the rising number of infections.  …

Risk Sentiment Drags the Dollar Lower Over the New YearForex

Risk Sentiment Drags the Dollar Lower Over the New Year

The start of the new year renewed investors’ confidence on the swifter path towards economic recovery.   This assumption is…

European Stocks Up on 2021’s First Trading SessionNews

European Stocks Up on 2021’s First Trading Session

It is the first regular trading day of the new year.   European stocks open the year with optimism, buoyed…

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally DoneForex

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally Done

GBP/USD posted sharp losses but then recovered. It was a roller-coaster week for the pair, the upcoming week has just…

Majority of EU Indices Up with AstraZeneca’s ApprovalStocks

Majority of EU Indices Up with AstraZeneca’s Approval

The United Kingdom’s recent approval of the AstraZeneca vaccine is quick to buoy indices from its Brexit counterpart, the EU.…

Pound Firms Ahead of the Transition Period’s EndForex

Pound Firms Ahead of the Transition Period’s End

The sterling pound managed to make significant strides against the USD for the day. This comes ahead of the end…

ECB to Raise Interest Rates if NecessaryEconomy

ECB to Raise Interest Rates if Necessary

Jens Weidmann, Bundesbank President, cautioned eurozone governments to increase public debt to support their economies during the pandemic. Moreover, he…

US Stocks Opened on Record Highs with Trump’s ApprovalNews

US Stocks Opened on Record Highs with Trump’s Approval

After going on with his usual political rhetoric, Trump finally gives his go signal on the long-awaited stimulus package. Such…