Economic News Category

July 8, 2022
UK PM Boris Johnson says he will resign

UK PM Boris Johnson says he will resign After several of high profile cabinet member. Resigned, PM Boris said he will resign from his current positions, until the new leader, who will take place on. Next month till than he will stay on his current position. On press conference Boris said he will step down

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July 8, 2022
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY JPY: Household Spending y/y, it measures change in the inflation-adjusted value of all expenditures by consumers. JPY: Current Account, it measures difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month. JPY: Economy Watchers Sentiment, it measures level

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July 7, 2022
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF, USD/GBP

Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF, USD/GBP AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. AUD: Trade Balance, it measures difference in value between imported and exported goods and services during the reported month. JPY: 30-y Bond Auction, it measures average yield on a 30-year bond

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July 6, 2022
GBP/USD Battered by US Dollar Strength

GBP/USD Battered by US Dollar Strength EUR: German Factory Orders m/m, it measures change in the total value of new purchase orders placed with manufacturers. GBP: MPC Member Pill Speaks, BOE MPC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding

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July 5, 2022
Long EUR/GBP AUD/USD- Interest Rate Differentials and Market Pricing

Long EUR/GBP AUD/USD- Interest Rate Differentials and Market Pricing AUD: Retail Sales m/m, it measures change in the total value of sales at the retail level. JPY: 10-y Bond Auction, it measures average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. AUD: Cash Rate, it measures interest

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