Two reasons to buy the pound

13.07.2021
We open Buy positions for two reasons. Firstly, today the US Treasury will redeem $25 billion of Treasury bonds, which will have a short-term negative influence on the value of the American currency. The Ministry...
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Correlation with the US stock market

12.07.2021
An uptrend in the US stock market will have a beneficial influence on the value of this currency pair, inasmuch as it is historically correlated with the S&P500 index. The broad market index last Friday...
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Dollar Libor rates are at historical minimums

12.07.2021
A decline in quotes to the nearest support levels should be used to open Buy positions. On the interbank lending market in London, the benchmark three-month dollar rate of Libor last week renewed its historical...
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American banks still have a surplus of liquidity

09.07.2021
I expect a continuation of the uptrend in the American stock market, which will support this currency pair, inasmuch as assets are correlated with each other. American banks still have a substantial surplus of liquidity...
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ECB has not changed its strategy

09.07.2021
On the eve, the ECB published a new program of monetary policy, where all investors were worried about one question: will the target inflation rate be changed? The central bank left the inflation target at...
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