GBPJPY Analysis - The Market Is Set to Decide on Price Direction GBPJPY is set to make a decision on which direction to follow. Buyers have been stopped in their tracks despite climbing above the 159.580 significant level. Furthermore, the pressure has been put on the market such that the 159.580 …
Money management
The Chinese Yuan Increases as the Dollar Slips Up
The start of the week sees a decline in the dollar price. This comes immediately after it suffered a weekly drop for the first time since March. As a result, economists are forecasting more bubbles in the dollar, especially with increasing interest rates in the United States. There is now a strong …
Bank of England Is Poised to Push Interest Rates to 2009 High to Curtail Inflation
The Bank of England is poised to push interest rates again later this week, this time to their highest level since 2009, as it fights to keep inflation from spiraling out of control.As the Ukraine war exacerbates an already devastating standard of living, officials are set to raise rates by 25% — …