Traders Blog - Analysis, Strategies, News and more: Tag - Forex Market
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Weaker Ruble amid signs of growing pressure on Russia
While the price of one of the most critical sources of Russian income decreasing in recent months to raise the pressure on the Russian economy, investors are trying to assess the net impact of disruption to Russian exports of crude and products due t...
Is the pound poised for a long-term rally?
A week after the BoE meeting, while banking concerns are cooling down, BoE's Baily emphasized the need to control inflation—a day ahead of his testimony before parliament on issues related to the collapse of Silicon Valley Bank. In a speech at the Lo...
Weekly Economic Outlook, 27-31 March
While investors will focus more on banking crises and central banks` measures, speakers in different countries will try to explain the situation in more detail. We will also have the European inflation numbers and the Fed`s favored measure of inflati...
Euro after mixed PMI data!
While the Manufacturing sector still suffers, the service sector growth is strong. According to the data published on Friday, S&P Global's flash rose to 54.1 from 52.0 in February, clearly above the 50 levels, indicating growth and challenging th...