US Treasury will redeem bonds

09.03.2021

A mildly positive background is being formed today. Firstly, investors are buying up “risky assets”, which is positive for the British currency. After a short break, investors return to stock markets and buy up shares, inasmuch as they expect a rapid growth in the global economy this year.

The latest forecasts from the IMF indicate global GDP growth of 5.5%, which promises investors a good return on equity ownership. Secondly, today the US Treasury will add $25 billion to the financial system through the redemption of Treasury bonds, which will also support the pound.

Investment idea: Buy 1.3815/1.3788 and take profit 1.3875.